10th Indian Coal Markets Conference
The Indian Coal Markets Conference is the leading annual gathering of the Indian policymakers, coal producers, traders, shipping and logistics companies, consultants and consumers from the Aluminium, Steel/Sponge Iron, Cement and Power Generation Companies.
The Indian coal market has seen dramatic changes over the last one year. After years of stagnated growth, coal production has surged by almost 9% in 2015-16. Coal India Ltd, the major supplier of raw coal, looks set to achieve an ambitious production target of 1 billion tons by 2019-20. However, the sudden spurt in output has come hand in hand with a sharp decline in India Inc.’s appetite for the fuel. This has resulted in high stockpiles and low off-take, raising questions over the justification of further ramp up of capacity in power and coal sectors.