Despite the fact that globally India is the third largest producer of coal, there is a growing concern on the increasing coal deficits in the country.
Despite the fact that globally India is the third largest producer of coal, there is a growing concern on the increasing coal deficits in the country. Though India’s import dependence to meet the deficits, at present, is manageable, however, the sector is likely to face tough time with coal imports expected to rise three fold by the end f twelfth five-year plan period.
Thus, government is making rigorous efforts in order to enhance the indigenous production and bridge the existing demand-supply gap. Coal India Limited (CIL) is looking at underground mines and restarting abandoned mines through joint venture with private companies. The implementation of the New Coal Distribution Policy is beginning to show positive trend towards market orientation of the coal sector.
However, the future of the coal industry will depend on the investment on development of infrastructure,allotment of captive mines to serious players, pricing reforms, production growth of CIL, pricing reforms, and most importantly, structural measures to expedite reform process and create competitive coal market.
In the context of the above scenario of the coal sector in India, SNP Infra Research launches, as a part of it latest edition under the esteemed Business Report Series, “Coal in India: Analysing Trends and Outlook”. The objective of this report is to critically examine and analyze the sector in terms of demand-supply position, policy and regulatory guidelines, and sector performance. The report investigates the pros and cons of all issues and impending challenges looming the coal sector in India and provides recommendation to accelerate the growth momentum. The report will also help gain insights into the future prospect and outlook of the coal sector in India.
