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Monday, December 23, 2024 | 07:07 PM ISTEN Hindi

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Despite liberalisation, power demand to sustain Coal India's dominance

Coal India is confident of their current market dominance where it controls 80% of country's energy needs

Despite liberalisation, power demand to sustain Coal India's dominance
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Avishek Rakshit Kolkata
Despite opening up of the coal sector to private miners, Coal India's dominance in the field is expected to remain firm as the power sector will continue to bank heavily upon this state-owned coal monolith.
Coal India officials said that the company has a mandate to supply at least 75 per cent of the production to the power sector and the rest can be offered to others like cement and steel; however, the private miners are most likely to be exempted from the clause.
"The reform states that private miners can sell or utilise coal in any manner they like. Thus, compared

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