Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report analysing the Indian coal industry.
“Indian Coal Industry Outlook till 2012” projects that coal demand for the power sector will grow at a CAGR of nearly 10% during 2008-2012. The Indian power sector heavily relies on thermal power stations for power generation, which are creating demand for coal in high quantity in the country.
The report shows that in its 11th five year plan, the Indian government has decided to increase the per capita availability of power to over 1,000 units by 2012. To meet this target, both central and state governments depend upon the power produced from thermal stations.
The Indian government has framed an ambitious mission, “Power for All by 2012”, that would need installation of additional thermal power plants to generate 200,000 MW electricity, thereby boosting the demand for coal in the country.
However authors of the report note that, depleting non-renewable energy resources and rising environmental concerns are turning the interest of power sector away from coal. Therefore, the Indian government is focusing on utilisation of renewable energy sources to generate electricity and to reduce the dependence of power sector on coal. For this, the government has already launched several programs, such as Green Initiative for Power Generation and Remote Village Electrification.
The report gives in-depth analysis of the rising demand for coal in steel, chemical, and fertiliser industries. It provides extensive research and objective analysis on the fourth largest coal base in the world with focus on the driving forces, past and current market trends, future prospects, and challenges for the industry.
“Indian Coal Industry Outlook till 2012” is available from Report Buyer. For more information, see website.
Report Buyer product ID: RCS00354
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