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India's coal demand-supply gap is projected to widen: IMaCS Debjoy Sengupta, ET Bureau Feb 14, 2013, 06.05PM IST
Tags: IMACS|Environmental Issue|Coal India Limited|Coal India|coal demand|CIL|captive power plants|CAGR KOLKATA: Increasing demand of coal in coal based power plants in India is estimated to grow 7% annually to lead a demand-supply gap of 266 mt in FY2017, said IMaCS, a multi-line management and development consulting firm in India.
The import could comprise of 35.5 mt of coking coal and 230 mt of thermal coal. Import demand would be primarily be accounted for by power utilities (190 mt), and steel (36 mt). Although India's coal needs will continue to be largely met domestically, the share of imports in domestic demand is forecast to increase to 27% in FY2017.
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