The initial Group of Ministers (GoM) meeting to sort out issues related to coal mining in no-go spots classified by the Ministry of Environment and Forests serves to be held very soon, according to Sriprakash Jaiswal, Union Minister for Coal.
He said at an international conference on coal organised by ASSOCHAM that the Prime Minister has identified for a meeting of the Ministry of Forests and Environment Ministry of Coal to set up a GoM.
The issue impact 660 million tonnes per annum (MTPA) coal. The globe faces a shortfall of 83 MT coal this fiscal which is set to go up a good amount to 200 MT by 2013-14. India's coal generation is projected at 630 MT in 2011-12 against a necessity of 713 MT. Mr Jaiswal further said there is a need to permit agree to mine in these kinds of districts for meeting country's coal requirement.
He also said too the government has been encouraging acquisition of coal properties abroad and a number of firms both in the private and public universe suffer achieved some success in this regard.
"Nearly 60 crore people in the country do not own entrance to electricity and the government is facing feisty problem in meeting the power requirements. While our power supply is met based on what i read in various sources like coal, hydro-power, oil and gas, nuclear and opposite non-conventional energy resources, coal plays a predominant role in supporting our needs, added Mr. Jaiswal"
Meanwhile, member (energy) at the Planning Commission B.K. Chaturvedi said, “55 per cent of India's whole gas requirements are being met by coal and need more energy efficient methods. Domestic generation and lawn acquisition are tough challenges facing the sector," he argued inserting the 12th Plan has projected capacity construction for one lakh MW of power.
Mr Kuljit Singh, partner (infrastructure, industrial and consumer) at Ernst & Young, said India is likely to become a large importer of coal in coming years. The open cast mining is roughly static. Private sector coal blocks want to inflate extraction levels, he said.
Delegates recent on the occasion were chairman and managing director of Rashtriya Ispat Nigam P.K. Bishnoi, deputy trade commissioner of Russian Federation Sergey Demidenkov, managing director of Gupta Corporation Padmesh Gupta, ASSOCHAM's secretary total D.S. Rawat, senior ASSOCHAM member and resident director of Shapoorji Pallonji Group K.C. Mehra, and senior ASSOCHAM member H.S. Chhatwal.
He said at an international conference on coal organised by ASSOCHAM that the Prime Minister has identified for a meeting of the Ministry of Forests and Environment Ministry of Coal to set up a GoM.
The issue impact 660 million tonnes per annum (MTPA) coal. The globe faces a shortfall of 83 MT coal this fiscal which is set to go up a good amount to 200 MT by 2013-14. India's coal generation is projected at 630 MT in 2011-12 against a necessity of 713 MT. Mr Jaiswal further said there is a need to permit agree to mine in these kinds of districts for meeting country's coal requirement.
He also said too the government has been encouraging acquisition of coal properties abroad and a number of firms both in the private and public universe suffer achieved some success in this regard.
"Nearly 60 crore people in the country do not own entrance to electricity and the government is facing feisty problem in meeting the power requirements. While our power supply is met based on what i read in various sources like coal, hydro-power, oil and gas, nuclear and opposite non-conventional energy resources, coal plays a predominant role in supporting our needs, added Mr. Jaiswal"
Meanwhile, member (energy) at the Planning Commission B.K. Chaturvedi said, “55 per cent of India's whole gas requirements are being met by coal and need more energy efficient methods. Domestic generation and lawn acquisition are tough challenges facing the sector," he argued inserting the 12th Plan has projected capacity construction for one lakh MW of power.
Mr Kuljit Singh, partner (infrastructure, industrial and consumer) at Ernst & Young, said India is likely to become a large importer of coal in coming years. The open cast mining is roughly static. Private sector coal blocks want to inflate extraction levels, he said.
Delegates recent on the occasion were chairman and managing director of Rashtriya Ispat Nigam P.K. Bishnoi, deputy trade commissioner of Russian Federation Sergey Demidenkov, managing director of Gupta Corporation Padmesh Gupta, ASSOCHAM's secretary total D.S. Rawat, senior ASSOCHAM member and resident director of Shapoorji Pallonji Group K.C. Mehra, and senior ASSOCHAM member H.S. Chhatwal.
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