With the sentiments set all high for ramping up the domestic coal production in India, the target of achieving 1 Billion Tonnes by 2020 was a master stroke played by the government for consoling the end consumers way back in 2014. Following the move, significant improvements were also seen in increasing the domestic output of coal as well to which, increase of 14% witnessed in the total coal production from FY’2013-14 to FY’2015-16 bears a testimony. It is pertinent to note during this span about 73 MTs of addition has been achieved in the total coal output of the country, making it to reach 639 MTs as on March’2016. Further, to reduce the degree of import dependence of the country it is anticipated that the domestic coal production might cross the benchmark of 700 MTs during 2016-17.
Key Queries Resolved
- What is the likely impact on coal imports with govt. focusing more on boosting domestic production?
- Which coal rich country may become India’s next import destination?
- What will be the regulatory and policy outlook for domestic/imported coal in India?
- What will be the Demand – Supply dynamics of coking/non coking coal by 2022?
- What will be the imported coking/non coking coal dynamics of India by 2022?
- How renewable capacity addition going to impact coal production?
- What is the future role of India in global coal trade?
- Could India significantly reduce its coal imports and under what conditions?
- What will be the fate of Coal industry in near future?