Indian Coal Industry Outlook till 2012 is the new market research report by RNCOS. India relies heavily on coal for its energy requirements. This report reviews the performance of the Indian coal industry in recent years and focuses on the driving factors, future prospects and issues associated with it. The Indian coal industry is the fourth largest in terms of coal reserves and third largest in terms of coal production in the world. But despite its huge resource base, to date India has not been able to minimise its coal deficit.
Key findings of the report include:
- Coal requirement for power utilities will grow at a compound annual growth rate of around 10% from 2007-08 to 2011-12
- Private coal washeries rapidly increased the production of washed non-coking coal in India between 2002-03 and 2006-07
- High coking coal demand by the Indian steel industry and low reserve base has boosted the import of coking coals
- Coal demand from the Indian cement industry looks bright and it is expected that coal requirement by the industry will rise steadily from 2007-08 to 2011-12.
- Coking coal requirement in steel production is expected to touch over 85.34 Mt in 2011-12.