INDIA WILL BE COAL SURPLUS BY 2017: COAL SECRETARY

INDIA WILL BE COAL SURPLUS BY 2017: COAL SECRETARY

INDIA WILL BE COAL SURPLUS BY 2017: COAL SECRETARY

 

No.PR-62
July 15, 2015
New Delhi

 

INDIA WILL BE COAL SURPLUS BY 2017: COAL SECRETARY
 

Coal Secretary Mr. Anil Swarup on Wednesday proclaimed that India would become coal surplus by 2017 as it has begun to grow at a resounding growth rate of 12.3% and thus is poised to double its coal production by 2020.
 

Addressing the Managing Committee of PHD Chamber of Commerce and Industry here today, Mr. Swarup said that in the last few months the Coal India Ltd. (CIL) has acquired 2000 hectare of land for coal mining with obtaining 41 environment clearances and almost each month CIL is adding on one coal mine.
 

“With this sustained speed, India would conveniently double its coal production to meet all the demand of the power sector, emphasizing that power sector would have no complain for coal to produce the power.  As on date the situation is such that the CIL has coal availability for power generation for 20 days”, said Mr. Swarup.
 

He called upon the industry to be discerning enough to project its cases with the government in a totally professional manner to receive undivided attention of the policy maker towards its causes and concerns to improve ease of doing business and avoid a cluttered approach as it sabotages the chances to addressing the problems of industry.
 

According to Mr. Swarup, just as there are outstanding policy makers in the government likewise similar brains stay put with industry and therefore, their confluence is necessary to make India move faster and smarter, leaving the black sheep behind.
 

The Managing Committee was presided over by the President of the Chamber Mr. Alok B. Shriram in the presence of its Sr. Vice President Mr. Mahesh Gupta and Secretary General Mr. Saurabh Sanyal.
 

ENDS

Koteshwar Prasad Dobhal
Consultant (PR)