Performance Statistics of Coal in India: 2014

Performance Statistics of Coal in India-2014
iData Insights
Coal is the most mined mineral in the world. With reserves up to 860 billion tones, it surely qualifies
to be called as black gold. Coal has a great requirement in India, which is mainly used for generation
of power, steel, cement and for other purposes. The requirement is expected to grow due to India’s
hunger for power. The Coal production all over India during the period April 2012 to December 2012
has been 384.19 million tons (MT) as compared to 364.12 million tons (MT) during the
corresponding period of the previous year showing a growth of 5.5%. The demand is expected to
increase to 550 MT by the end of 2014.
As a developing economy, India faces energy security as a growing challenge and the coal
production is expected to grow at a CAGR of around 7% during 2011-12 to 2013-14. The Indian coal
market is set to witness great boost in near future because of the rising government initiatives.
Recently, allocation of coal blocks and stake sales in PSU are some of the major steps that were
taken by the government to boost the production and investment in the coal industry.
As a prospering economy, India faces energy security as a growing challenge and the coal
production is expected to grow at a CAGR of around 7% during 2011-12 to 2013-14. The Indian coal
market is set to witness great boost in near future because of the rising government initiatives.
Recently, allocation of coal blocks and stake sales in PSU are some of the major steps that were
taken by the government to boost the production and investment in the coal industry.
India has the fifth largest coal reserves in the world. Of the total reserves, nearly 88% are non-coking
coal reserves, while tertiary coals reserves account for a meager 0.5 % and the balance is coking
coal. The Indian coal is characterized by its high ash content (45%) and low sulphur content. The
power sector is the largest consumer of coal followed by the iron and steel and cement segments.
Currently, the government enjoys a monopoly in producing coal with over 90% of the production
coming from government-controlled mines. The policy for captive mining was introduced in 1993.
This opened the coal sector to private investment, although no promising progress has been made in
the captive coal blocks allotted by the government. Contentious issues, availability of geological
data, land acquisition and R&R, environment clearances, mining lease, etc. are the primary reasons
behind the dismal production.
Keeping above points in mind iData Insights in its premium capacity as a leading market research
firm is coming up with a comprehensive data book on Indian Coal Sector titled “Performance
Statistics of Coal in India-2014”. This report provides information about the production, financial
performance of Coal India Limited and its subsidiaries. It also provides sector wise and thermal
power projects wise dispatch’s of Coal India Limited. It also provides the current importers of Coal to
India. It also highlights the roadblocks faced by the Indian Coal Sector in meeting the humongous
demand of India.
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