DOMESTIC COAL Demand for thermal coal to rise due to increase in electricity demand: Indian Coal ministry
New coal blocks are being allocated for commercial mining and prospective bidders have shown encouraging responses for these blocks. Some of these blocks have started coal production within a year of allocation, the coal ministry said in a statement.
Coal block allocatees have a golden opportunity to augment production as the demand for thermal coal will rise due to an increase in electricity demand, according to a senior government official.
“Coal block allocatees have a golden opportunity for increasing coal production as the price of imported coal is very high at the moment and demand of thermal coal will increase due to increase in electricity demand of country,” Coal Secretary Anil Kumar Jain said.
There are reports of coal shortages amid rising demand for electricity with the onset of summer season.
The production from captive coal blocks registered an increase of 35 per cent to 85 million tonnes in FY22.
18 | CCAI Monthly Newsletter April 2022
