DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/752ad5/development_of_iso)
has announced the addition of the "Development
of Isolated Coal Blocks in India: Exploring the Opportunity" report
to their offering.
“Development
of Isolated Coal Blocks in India: Exploring the Opportunity”
The demand for coal grows at a staggering pace of CAGR 8.5% as against a
stagnant growth of 5.5 to 6% of coal supply. CIL has been struggling to
meet the coal supply commitments under FSA and even resort to coal
imports to bridge the demand supply gap. In this hard hit supply regime,
government of India is pulling all its resource to increase coal
production and looking beyond the conventional approach of coal
production by CIL and its subsidiaries.
In its effort to enhance coal production and optimise the coal resource
available in India, Government is finalising its policy to develop small
isolated coal patches which do not come under the purview of CIL and
captive coal category. Though the resource base for these coal patches
are not huge but it can well meet the need of local coal consuming
industries and eventually help in development of the rural economy.
The prevailing policy for allocation of these coal blocks lacks
transparency and non-serious players end up getting these coal blocks.
Neither CIL nor the state mining corporations are serious in developing
these coal blocks because of its location and less resource base.
Experts are of the opinion that to develop these coal patches in an
efficient and economical manner, it should have been allocated by
competitive bidding and wherever possible bundling with abandoned coal
blocks may be considered to lure the private players into this sector.
Currently, the government is finalising the rules and regulations of
competitive bidding for coal blocks. In this scenario, experts argue
that these blocks (isolated patches and abandoned coal blocks) should
fall under this category with no conditions for self-consumption clause
as in case of captive coal blocks.
The author's latest report highlights the untapped potential of these
small isolated coal patches along with the prevalent policies on the
same and the strategy to develop these coal blocks. It also covers the
investment scenario for these coal blocks along with abandoned coal
blocks and captures the issues and concerns around the same.
Key Topics Covered:
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1. Introduction
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2. Isolated Small Coal Patches in India
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3. Allocation Policy for Isolated pockets
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4. Development of Isolated Coal Blocks so far
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5. Issues and Concerns
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6. The way forward
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7. Annexure
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