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India coal summit

India coal summit

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Published by Rohit Chaturvedi

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Published by: Rohit Chaturvedi on Apr 10, 2011
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05/13/2013

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\
2
nd
India Coal Summit
Coal: A reliable and competitive source of Energy
October 5, 2009
Knowledge Partner Organiser 
 
 
Contents
A1.
 
Coal at a glance 2
 
A2.
 
Status of captive coal mining in India 10
 
A3.
 
Coal mining policies need an overhaul 13
 
A4.
 
Assets abroad key for meeting Indian coal demand 16
 
A5.
 
Will the new Indonesian mining law allow Indonesia tocontinue as India’s largest coal supplier? 19
 
A6.
 
Logistics major contributor to development of coal sector 24
 
A7.
 
Minerals or forests? or both? 31
 
A8.
 
Major challenges before coal industry 32
 
A9.
 
Risks in coal mining 37
 
A10.
 
Importance of branding for coal mining companies 44
 
 
1
Foreword
This past year has been the worst global financial crisis we have ever witnessed, having a devastatingeffect on the world financial markets, leading to a recession across most economies globally andcausing a reduction in the net worth of both companies and individuals. Many compared it to theGreat Depression of 1929. The global de-leveraging and de-risking process also led to sharplydeclining commodity prices. However, in the past several months, China and India have continued toshow a strong appetite for commodities, in particular Coal.The Coal sector of any country is vital for power generation and overall industrialization of any nation.This is particularly the case for India, wherein Coal contributes to more than 53% of power generation.While India continues to produce a majority of the Coal that it consumes, the imports of Coal areraising at a fast pace, already contributing to over 10% of Coal consumption. It is therefore essentialfor all the stakeholders in the industry to brainstorm on the improvements required to ensure sufficientquantities of Coal availability at sustainable prices.There are a number of historic practices in the Coal sector in India which need to be looked at afreshin the light of developments both in India and overseas. For example, a large volume of Coalcontinues to move from Eastern Region by coastal movement to Tamilnadu & Karnataka, whereasthese States may be better served through imports of Coal, thereby freeing up Port and Railwaycapacity in the Eastern Region. There should also be some rationalization in allocation of Coal Blocksto the upcoming Power Plants such that the logistics of Coal movement is streamlined, which will bebeneficial not just for the developer of the Power Plants but also in the interest of the nation.The Ministry of Power, Government of India is setting up a target of almost 1,00,000 MW of capacityaddition for the 12
th
Five year plan, Steel ministry envisage India to produce 300 million tonnes of steel by 2030. The kind impetus given to the entire infrastructure sector, it will invariably create hugedemand for coal.Keeping in view the importance of this sector as a key driving force of the Indian economy,
IndianChamber of Commerce
along with the
Ministry of Coal, Government of India
is organizing
2
nd
 India Coal Summit
in New Delhi after the commendable success of 1
st
India Coal Summit held lastyear.The summit has been the ideal forum to raise policy issues and to interact directly with the decisionmakers. The forum in past has seen the presence of most relevant industry players and governmentauthorities debating the issues of national interest. We are sure that this year once again we will raiseimportant issues which will be the key to enhance industry competitiveness.
 
Shri Vishambhar Saran
President – Indian Chamber of Commerce

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