Overview of Coal Mining Industry in India - Office of Fossil Energy
Overview of Coal Mining Industry in India - Office of Fossil Energy
Overview of Coal Mining Industry in India - Office of Fossil Energy
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• Growth <strong>of</strong> coal <strong>Industry</strong> was sluggish prior to1970s – less than 2% per annum.• Private <strong>in</strong>vestment was not forthcom<strong>in</strong>g due tonon-remunerative coal price.• Hik<strong>in</strong>g <strong>Coal</strong> price was not feasible.• Substantial <strong>in</strong>vestment was required to reach alevel <strong>of</strong> 5.5% growth to susta<strong>in</strong> GDP growth <strong>of</strong>5%.8