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Coal with a proven reserve of 860 billion tonnes is mined the most in the world. At the same time, the demand curve for this sector is always on the rising side. The major reasons are the soaring power demand in India and China, the growing worldwide steel production, and lastly, the increasingly stringent environment regulations.
The gap between demand and availability of coal is expected to rise every year. As per the 12th plan, the estimated demand of coal will rise to 980 MT by 2016-17 and 1373 MT by 2021-22 while the supply of domestic coal is expected to be 795 MT by 2016-17 and 1102 MT by 2021-22. Today nearly 60 % of the country’s total installed power capacity of 209276 MW is generated using coal. India rank fourth largest in coal reserves (286 BT) and the third largest coal producing country in the world.
Though the coal demand has risen by around 9% over the last four years, coal production has not been able to keep up with the requirements. Coal production has grown by around 5% over the same horizon (FY 06-07 to 10-11). The domestic Industry could supply only 534.53 MT coal as against the demand of 696.03 MT in financial year 2011-12. Organisations are acquiring mines abroad to augment the capacity and meet the growing demand. Besides, there is also an urgent need to adopt some possible measures like rationalization of coal linkage, dedicated freight corridors to improve the situation, need to develop skill sets of mining professionals, promoting Under Ground Mining, cleaner coal technologies for sustainable development. More R&D and efforts are required to promote CTL, CBM and UCG and land acquisition process should be streamlined.
Against this backdrop, Indian Chamber of Commerce is organizing the 5th India Coal Summit on 3rd July 2013 at Hotel Le Meridien, New Delhi.
Summit Focus
Policy Issues for Mining Business in India
Price Pooling and Impact on Power Companies
Coal Infrastructure – Streamlining Internal Logistics- Rail, Road and coastal shipping
State Issues related to FSA in Power Generation- West Bengal, Gujarat, Maharastra,Orissa,Jharkhand & Chattisgarh
Regulations on Quality Control and Coal Distribution
New Initiatives: Impacts Thereof
Fuel Supply Agreement
Merger & Acquisition & Allocation
Invited Dignitaries/ Speakers (Partial List)
Summit Chairman – Sir Ganesan Natarajan
Why Attend
Who should attend
The summit is a must for all players in the Coal, Steel, Mining & Minerals sector, players who are seriously looking for various business opportunities available in India. The participants will certainly benefit and enrich themselves from the high-quality information sharing and networking opportunities through the presence of key decision makers from the central government and corporate sectors in India.
The summit is expected to be attended by more than 250 National and International participants
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