India may raise coal imports as 2020 output goals seen stymied

Last Modified: Tue Jan 12 2016 19:58:41 GMT+0530 (India Standard Time)
  • 810 MT
    output by end of 2020, less than India’s targeted 1.5 billion tonnes, according to Matthew Boyle, Sydney-based principal consultant at CRU, who further provides 3 reasons to explain this shortfall.
  • #1
    Reserves are deep and in forested areas and there are significant rail bottlenecks affecting the movement of coal from mines to demand centers, which are unlikely to be rectified by 2020.
  • #2
    The country’s monopoly miner Coal India Ltd. uses the less-complicated, surface-mining method of extracting coal known as open-cast.
  • #3
    The majority of India’s new coal-fired power projects are built near the coast and have port and unloading capabilities, boosting the potential for increased imports.