Brijendra
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In the coming times, the challenge for Coal India, the world's largest coal-producing company, may increase. An internal report of the Coal Ministry has revealed that Coal India may have to face challenges like the decline in demand on a large scale. The biggest thing in this report is that the demand and consumption of coal may remain, but there is a possibility of a decline in the demand for coal produced by Coal India.
Now it has been seen that Coal India is purchasing from the top 50 power sector, and top 50 non-power buyers, and it has captive coal blocks. Production will start from these captive coal blocks in 2 years. After the commencement of these captive coal blocks, there will be a decline in the demand for these 100 purchases from Coal India.
How many captive call blocks do buyers have?
It is also estimated in this report that in the initial phase of opening of captive coal block, there may be a decline of 20 percent in demand. Going forward this reduction may reach up to 58 percent. At present, a total of 691.26 million tonnes of coal is purchased from Coal India from the top 50 buyers of the power sector and the top 5 buyers of the non-power sector. Whereas, they have captive coal blocks of 404.56 million tonnes.
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