In India, coal sector is strategically important for the economy as the fossil fuel meets over 50% of the country’s energy requirements. According to a new research report by RNCOS, the position of coal will become more crucial in the Indian energy sector in the coming years as the energy demand will increase further. It is being expected that growing mergers and acquisitions of coal mines in overseas market and government support will provide a significant boost to the Indian coal market in near future, and the coal production will expand at a CAGR of around 9% during 2011-12 to 2013-14.
Research Analysis & Highlights
The report, “Indian Coal Industry Forecast to 2013” is spread over 100 pages and provides an exhaustive research and rational analysis of the current status and expected position of the coal industry in India. It analyzes coal production, its demand, supply and imports in India, and includes pricing and distribution model being followed for the fossil fuel in the Indian market. The study also covers geographic segmentation and analysis, and gives an overview of key market players’ activities to provide a balanced outlook of the industry to clients.
Some of the key findings of the report are:
- Non-coking coal accounts for a major share in the country’s total coal production.
- The government is looking to derive 10% of India’s gas output from the local coal bed methane sources in coming years.
- The overall coal import is expected to reach 121 Million Metric Tons in 2013-14.
- It is expected that India coal washing capacity will increase to a level of 250 MTPA over the next few years.
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