In 2015 Coal India set a one billion ton production target for the current financial year, and with a year to go it was 397 MT short of that target. When the inevitable was finally acknowledged late last year, this goal was postponed to 2026. What do historical trends tell us about this revised goal?
Coal India would need to surpass its very large production increase of last year to meet it, as a sustained 40 MT annual increase would not see the goal reached before 2029.
If, on the other hand, CIL continues its average rate of increase for the last five years, then it will be 2036 before the company mines a billion tons.
History may not be much of a guide, though, given that so much energy and climate policy will be unfolding long before 2026, let alone 2029 or 2036.
From the same page all these nice pictures are from.....
Coal use has Platauded and coal power use has levelled out as well and coal production is still increasing from India itself and thair goal is to produce one billion ton production target and still short 397 MT .
It looks like india are on top of thair coal use and supply, with supply increasing and demand staying the same...
Also renewables is increasing very fast and now surpasing new energy mix over thermal..
Why will the country want to buy coal from Australia ????
Forum
Pages: 
