Insights
Report Summary Understanding the current coal dynamics in India and way forward
Coal Shortage in India - Myth, Perception or Reality?
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- Brief Overview
Globally, the demand for coal has been stalled has plateaued in the west. Whereas in eastern side of the globe, situation is different A strong growth in the demand for coal is likely to be seen in the Asian countries such as India, Vietnam, Indonesia etc. as it is one of the most preferred and reliable options for generating electricity in these countries. Imports in small pockets including Pakistan, Turkey Malaysia shall also drive the demand but India being the centrifugal force is likely to witness a rise of close to 5% a year through 2021. while that in association with the southeast Asian nations will jump 7.2% a year.
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