Indian Coal Demand to Grow at a CAGR of 11% by FY 2013

Top Quote With the rising consumption from major energy consuming sectors, Indian coal demand is expected to surge at a CAGR of around 11% During FY 2011 - FY 2013. End Quote
  • (1888PressRelease) October 13, 2010 - According to our latest report "Indian Coal Industry Forecast to 2013", Indian coal industry has witnessed tremendous growth in the past few years. The country holds the fourth position in terms of coal reserves and third in terms of coal production. Besides, the domestic consumption of coal in the country witnessed great boost in past few years and expected to surge further in coming years. Moreover, with rising demand for coal from major energy consuming sectors like Power, Steel & Cement along with government support the domestic coal demand is expected to grow at a CAGR of around 11% During FY 2011 - FY 2013.

    The ongoing analysis identifies that the demand for thermal coal and coking coal from the Power and Steel sector respectively is consistently growing on the back of rising output from these sectors. Despite having huge coal reserves, the country is currently experiencing demand-supply gap, which is anticipated to grow further in coming years. We anticipate that with the rising demand from different energy conserving sectors, the import of coal will experience great boost in coming years.

    The report provides intensive details of the coal reserves at both category and company level. It also covers domestic coal consumption and production, and found that the coal produced in the country is mainly of high ash content and of non-coking type, which is mainly used in Power and Cement sector. The report analyzes coal prices according to the Grades allocated by the government. It also covers the industry potential of producing coal bed methane and coal mine methane, with their future prospects. Besides, prevailing and future industry trends are covered in the report.

    "Indian Coal Industry Forecast to 2013", also covers the coal supply in domestic market and provides deep analysis on coal washeries performance with current production level. Import figures and raw coal transportation matrix is also discussed in the report. Additionally, detail information about the government initiatives taken to enhance coal production has been discussed in the report. Due consideration has been given to the key players of the industry to enable clients understand market share, performance highlights, and growth potential in near future.

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