Report covers information on India's coal mining industry, coal resources by state, type and category; lignite reserves by type and category, the historical and forecast data on coal production, by type, by grade and by state.
Albany, NY -- (SBWIRE) -- 09/21/2017 -- Coal might not be the most glamorous of commodities, but it has long been used as a source of fuel for fires, and more recently in the production of electricity and refinement of metals. India is the third largest coal producer in the world after China and the US. The total coal production in India was around 612 million tonnes (MT) in 2015, which has increased to 626 MT in the year 2016. Market Research Hub (MRH) has freshly broadcasted a new study titled "Coal Mining in India to 2021 - Coal to Dominate the Energy Mix, Regardless of the Rise in Renewables" to its vast archive, which covers comprehensive information on current status of India's coal mining industry, along with analysis of coal resources by state, type and category.
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Coal is the leading commercial fuel, meeting half of the commercial primary energy demand and a third of the total energy requirements of the country. As per the statistical evidence, India is known to be having the fourth-largest coal reserves of the whole world and hence, is intended to be a tough competitor when it comes to dealing with global coal business. This natural resource has gradually emerged as one of the most significant and useful environmental assets by successfully proving its role and function in a wide range of manufacturing processes as well as electricity production as a fuel.
This report also includes the historical and forecast data on coal consumption, imports, and imports by type. The overall market segmentation presented in the report analyzed by state, type and category wise. The key market data on coal production, consumption and import numbers are presented from 2000-2016 and forecast for next five years to 2021. In 2017, India plans to allow non-state mining companies to mine and sell coal for the first time in more than four decades. At present, coal is estimated to dominate the energy mix; and imported coal today faces cost competition from natural gas, renewables and domestically mined coal.
In the next section, detailed analysis of the Indian mining industry regulatory structure, factors affecting the demand for coal, competitive landscape, and mining projects at various stages (active, exploration and development) of the supply chain is provided. As per the findings, robust demand from the domestic power sector and demand from the domestic steel industry are the prime factors influencing the market scenario. With this information, the buyers can facilitate decision-making based on strong historic and forecast data, and also develop strategies based on the latest regulatory events.
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Furthermore, the study presents a competitive analysis of the India coal mining sector by profiling key players company details, including company overview, business description and data on major active, exploration and development coal projects. Top companies mentioned in the report are Coal India Limited (CIL) and Singareni Collieries Company Ltd. (SCCI). CIL is the largest coal producer in the world with production of around 536 MT in FY 2016.
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