Coal with a proven reserve of 860 billion tonnes is mined the most in the world. At the same time, the demand curve for this sector is always on the rising side. The major reasons are the soaring power demand in India and China, the growing worldwide steel production, and lastly, the increasingly stringent environment regulations.
The gap between demand and availability of coal is expected to rise every year. As per the 12th plan, the estimated demand of coal will rise to 980 MT by 2016-17 and 1373 MT by 2021-22 while the supply of domestic coal is expected to be 795 MT by 2016-17 and 1102 MT by 2021-22. Today nearly 60 % of the country’s total installed power capacity of 209276 MW is generated using coal. India rank fourth largest in coal reserves (286 BT) and the third largest coal producing country in the world.
Though the coal demand has risen by around 9% over the last four years, coal production has not been able to keep up with the requirements. Coal production has grown by around 5% over the same horizon (FY 06-07 to 10-11). The domestic Industry could supply only 534.53 MT coal as against the demand of 696.03 MT in financial year 2011-12. Organisations are acquiring mines abroad to augment the capacity and meet the growing demand. Besides, there is also an urgent need to adopt some possible measures like rationalization of coal linkage, dedicated freight corridors to improve the situation, need to develop skill sets of mining professionals, promoting Under Ground Mining, cleaner coal technologies for sustainable development. More R&D and efforts are required to promote CTL, CBM and UCG and land acquisition process should be streamlined.
Against this backdrop, Indian Chamber of Commerce is organizing the 5th India Coal Summit on 3rd July 2013 at Hotel Le Meridien, New Delhi.
Summit Focus
Policy Issues for Mining Business in India
- The outlook for the future of coal-fired power stations in India
- Rationalization of coal linkage
- Assessing India’s position as a leading global coal buyer
- The balance between use of domestic and imported coal – What strategies are in place to maximise the potential within both markets?
- Maximising the utilisation of India’s coal blocks
- Shortage of coal, delays in green clearances and problems in acquiring land as well as reluctance of lenders to fund new projects are proving to be major hindrances
Price Pooling and Impact on Power Companies
- How beneficial would be the price pooling for private sector as well as centre or state run companies – Are all the beneficiaries having equal status? Do all face the same problems?
- Impact on power tariff due to price pooling – Rationales behind calls for restructuring of tariffs – How can such reforms facilitate power sector growth?
- A hike in the basic customs duty on steam coal from present 0 to 2% and countervailing duty (CVD) from 1% to 2%. –Whether the power generating companies will pass on the increase to the consumers and may lead to increase in power tariffs?
- How India’s power sector will handle wider variation in coal quality both import and domestic- Economic benefits of utilising lower grade coals in power plant
Coal Infrastructure – Streamlining Internal Logistics- Rail, Road and coastal shipping
- Access and reliability issues – How are India’s coal producers and buyers being served by the internal coal supply chain
- Role of road and shipping in internal coal transportation – Economic viability and competitiveness
- Value of increasing the involvement of the private sector in driving infrastructural development – What changes are needed in order to better facilitate private sector participation?
- Assessing existing shortfalls in India’s coal rail network – Bottlenecks, reduced capacity and wagon shortages
- As India’s port sector develops rapidly, how does the rail network need to develop in order to ensure suitable linkages between ports and end users
- Viable strategies for upgrades and growth over the coming 5 years
State Issues related to FSA in Power Generation- West Bengal, Gujarat, Maharastra,Orissa,Jharkhand & Chattisgarh
- Laws relating to Coal Mines in India
- Laws relating to Mines Safety
Regulations on Quality Control and Coal Distribution
- Environment Laws –The Environment Act
- Coal Block Allocation –Distribution and Marketing Policy
New Initiatives: Impacts Thereof
- Competitive Bidding
- Go/No-Go Classification
Fuel Supply Agreement
Merger & Acquisition & Allocation
- Securing Long-Term Coal Import Deals or Acquiring Coal Assets? Achieving the Right Mix
- Indian Coal Industry M & A opportunities and Challenges
- Political Compulsions Guiding Global Coal Trade
- Mozambique, Mongolia, Indonesia – the challenge of identifying the potential
- Moving away from long term fixed price arrangements toward index linking Derivative based risk management
- Emerging Import Trends :
Invited Dignitaries/ Speakers (Partial List)
- Mr Sriprakash Jaiswal, Hon’ble Union Minister of Coal, Government of India
- Mr Pratik Prakashbapu Patil, Hon’ble Minister of State for Coal, GoI
- Mr B K Chaturvedi, Member, Planning Commission, Government of India
- Mr S K Srivastava, Secretary, Ministry of Coal, Government of India
- Mr R H Khwaja, Secretary,Ministry of Mines, Government of India
- Mr D R S Chaudhary, Secretary, Ministry of Steel, Government of India
- Mr S Narsing Rao, Chairman & Managing Director, Coal India Ltd
- Mr C S Verma, CMD, SAIL
- Mr H M Nerurkar, Managing Director – Tata Steel Ltd
Summit Chairman – Sir Ganesan Natarajan
Why Attend
- A Summit dedicated to addressing the compelling concerns of the coal and mining sector.
- Equip yourself with first hand information from senior government officials and leading industry experts on related policy matters.
- A unique platform for extensive networking with industry associates and meeting new prospects
Who should attend
The summit is a must for all players in the Coal, Steel, Mining & Minerals sector, players who are seriously looking for various business opportunities available in India. The participants will certainly benefit and enrich themselves from the high-quality information sharing and networking opportunities through the presence of key decision makers from the central government and corporate sectors in India.
- Ministries, Embassies and Consulates
- Steel, Mining and Mineral Processing Plant,
- Raw Materials Suppliers: Iron Ore Mines, Coke Plant, Coal producers
- Steel Manufacturing Plants
- Ferrous and Non-Ferrous Associations
- Equipment Suppliers: Manufacturers, Distributors and Dealer
- Financial Firms: Commercial and Investment Banks, Trade Organisations, Stock Exchanges
- Engineering: Technology and Engineering Vendors
- Transporters: Shipping and Ports, Terminals and Stevedoring, Freight Forwarders
- Consultants/ Contractors
- Government – Center/ State
- Coal Traders: Importers, Exporters
- Institutions: Research Institutions, Development Institutions
- Education: Universities, Colleagues and Schools
- Media and Press: Journals, Magazines, Newsletters, Books, Online Services,
- End-User & Consumers of Steel, Coal, IronOre, Coke
The summit is expected to be attended by more than 250 National and International participants