Gainwell Engineering, the manufacturing venture of Gainwell Commosales Private Limited (formerly Tractors India Private Limited), has partnered with World Coal Association to promote sustainable coal mining in India. With this Gainwell becomes only the second organisation in India to have partnered with World Coal Association.
According to the Economic Survey 2021-22, Coal demand in India is projected in the range of 1.3-1.5 billion tonnes by 2030, an increase of 63% from current demand. The partnership is also aimed at reducing India’s dependency on import of coal mining equipment and instead, manufacture state of the art equipment locally to augment domestic production of coal in a sustainable manner. This will also help India reduce coal import bill and enable it to meet its energy security.
Coming from the stable of Gainwell Commosales which has a rich legacy of supporting infrastructural progress in India for nearly eight decades and the proud partner of Caterpillar Construction, Mining and Power Solutions in India, Gainwell Engineering has forayed into Coal Mining Equipment Manufacturing and is setting up a plant at Panagarh, West Bengal. With a philosophy of supporting India’s true infrastructural growth, Gainwell Engineering aims to end India’s dependence on imported equipment for underground mining, and leave a sustainable impact on the environment with the use of clean technology.
Coal still remains the largest source of energy in the world and sustainable coal mining in India is the need of the hour. Commenting on the association, Ms. Michelle Manook, CEO, World Coal Association said “It is critical that countries like India and companies like Gainwell Engineering are leading the discussion on coal’s sustainable journey. We welcome the Gainwell Engineering management team who understand that as a cohesive coal value chain across multiple jurisdictions (including Australia, China, Russia, South Africa, United States), we will have the best chance to deliver on our global community’s collective economic development and environmental goals. For countries such as India, these ambitions are not mutually exclusive.”
Welcoming the WCA membership, Mr. Sunil Chaturvedi, Chairman, Gainwell Engineering said “While concerns over climate change and air pollution have highlighted the need to pursue a more sustainable path forward, no discussion of global climate change can ignore India, and no discussion of India’s energy future can ignore coal.
Coal remains the mainstay of energy security for India, but the country so far was entirely dependent on imported underground mining machinery for expanding its underground mining operations, especially coal. With our state-of-the-art manufacturing facility at Panagarh in West Bengal rapidly coming up, Gainwell Engineering will help India and other global geographies, not only mine their underground mineral resources far more sustainably but will also represent the end of India’s dependence on imported equipment for underground mining.”
World Coal Association endorses Responsible Coal Principles under the climate change situation which are grounded by the principles of the Paris Agreement and the UN Sustainable Development Goals. Gainwell Engineering joining WCA gives impetus to India’s coal leadership.
