News

Jan.17 to 20th 2008

Attended 2nd Asian Mining Congress organised by MGMI in Kolkata.

Nov.17.08.

Participated in the Coal Forum "Coal Connect" organised by Coal India ltd. and the Economic Times in Kolkata.

Clean Coals – Where does India Stand?

About 500 Mtpy is the production of non-coking coal at present. Thanks to MOEF (2002) ruling of compulsion in reducing the average Ash content of Coal to 34% for Power houses situated at a distance of more than 1000km from the dispatch end, and also for Thermal PP located in strategic areas, like cities and environmentally sensitive areas, the setting up of non-coking coal washeries has created no less than a “Clean Coal Revolution” in India.
Cumulative Annual Growth Rate (CAGR) for most of the non-coking coal reach coalfields in the installation of Coal Washeries has crossed all time record by a significant extent. We know that if CAGR for any industry is consistently more than 12%, the growth becomes Auto Catalytic.  That means, the industry becomes self sufficient in creating further investment without external assistance.
I am honoured to mention that Singrauli and Singereni Coalfields have shown a CAGR of 25.7 to 29.4 % in last one year, where as Pench Kahnan & Wardha and Korba & Sohagpur registered CAGR of 33.4 and 43.4% respectively during last 8 to 10 years. Even Ranigunge Coalfield, which has not been industrially fast developing in other fields, showed CAGR of 35.7% during last 3 years. Talcher and Mahanadi Coalfields, with all round infrastructural developed industrial scenarios, recorded CAGR of more than 54.8% during last 9 years. Overall Indian CAGR for Power Coal Washery capacity build up is more than 34.3% for the last decade.
This is remarkable and we hope to further strengthen by installation of a series of 16 washeries (capacity 85 Mtpy of raw non-coking coal) envisaged by Coal India Ltd under BOMO contract.
Following Power Point slides nos 1 to 9 present the detailed information viz CAGR for non-coking Coal Production and Washing Capacity Build up of major coalfields of India.