Study of coal sector in India
Introduction
Overview of coal sector
Demand and supply
Legislations
Market structure
Coal distribution policy
Pricing
Table of Contents
Introduction and Overview of Coal Sector 2
Demand – Supply 4
Legislations pertaining to Coal Sector: 5
Market Structure of Coal sector – 7
Coal Distribution Policy – 10
Pricing in coal sector – 13
Introduction and Overview of Coal Sector
The ‘Black Gold’ or coal is one of the most sought after resources across the world. It is expected to replace oil and petroleum as the biggest source of energy in the years to come. It is extensively used everywhere starting from the electricity sector, the steel industry to the households.Coal is the most important source of energy in India as well. For a developing country like India the energy supply system has considerable implications on the economy and vice versa. As is the case often, due to the growing population and economic development, the energy requirements are also soaring almost exponentially.
In India more than 54 % of the industrial energy requirement is derived from coal. When the entire energy demand is considered including non-industrial consumptions, the figure stands at a staggering 72 %. Moreover this consumption trend is still increasing and if the latest IEA report is to be believed then then consumption of coal will increase at a rate of about 2.8 % in at least the next decade.
State wise Coal Reserves
Demand – Supply
India is one of the world’s top 5 producers and consumers of coal. As has been mentioned before, the majority of India’s power requirements are met by the coal reserves. The demand has been soaring exponentially over the years. As far as the commercial demands are concerned, the largest consumer of coal is the power and electricity industry which accounts for 70% of the total demand. It is followed by other industries such as the steel industry and cement industry. On the non-commercial front as well the households consume a
Overview of coal sector
Demand and supply
Legislations
Market structure
Coal distribution policy
Pricing
Table of Contents
Introduction and Overview of Coal Sector 2
Demand – Supply 4
Legislations pertaining to Coal Sector: 5
Market Structure of Coal sector – 7
Coal Distribution Policy – 10
Pricing in coal sector – 13
Introduction and Overview of Coal Sector
The ‘Black Gold’ or coal is one of the most sought after resources across the world. It is expected to replace oil and petroleum as the biggest source of energy in the years to come. It is extensively used everywhere starting from the electricity sector, the steel industry to the households.Coal is the most important source of energy in India as well. For a developing country like India the energy supply system has considerable implications on the economy and vice versa. As is the case often, due to the growing population and economic development, the energy requirements are also soaring almost exponentially.
In India more than 54 % of the industrial energy requirement is derived from coal. When the entire energy demand is considered including non-industrial consumptions, the figure stands at a staggering 72 %. Moreover this consumption trend is still increasing and if the latest IEA report is to be believed then then consumption of coal will increase at a rate of about 2.8 % in at least the next decade.
State wise Coal Reserves
Demand – Supply
India is one of the world’s top 5 producers and consumers of coal. As has been mentioned before, the majority of India’s power requirements are met by the coal reserves. The demand has been soaring exponentially over the years. As far as the commercial demands are concerned, the largest consumer of coal is the power and electricity industry which accounts for 70% of the total demand. It is followed by other industries such as the steel industry and cement industry. On the non-commercial front as well the households consume a