Coal Mining Horizon for 2020
Epc World|January 2020
The year promises to push the pace of development in the coal mining sector, as discovered by EPC World
Coal Mining Horizon for 2020

A forward looking National Mineral Policy ushered in a new horizon for the Mining sector in the country paving the way ahead for a slew of reforms for the sector. 2019 saw some coal blocks getting successfully auctioned after the false starts during the last couple of years setting the ground for the auction of commercial coal blocks in 2020. The government hopes to invite bids for commercial mining of at least 40 blocks in the current fiscal.

Minerals are a major resource for the core sectors of the economy. There is a huge demand for minerals in view of the rapid urbanization and the projected growth in the manufacturing sector. With the thrust on Make in India initiative the demand for minerals is likely to grow at a rapid pace. The country holds the distinction for being the 3rd largest producer of coal and the second-largest crude steel producer globally. The country also holds large reserves of Iron ore, Bauxite, Chromium, Manganese ore, Baryte, Rare earth and Mineral salts.

The Metals and Mining sector in the country is expected to witness a major reform in the coming years due to a slew of reforms like Make in India Campaign, Smart Cities, Rural Electrification and an emphasis on building renewable energy projects under the National Electricity Policy.

According to industry estimates, Coal production grew at CAGR 5.17% over FY14-FY19 (to 739.36 MT) and is expected grow 6-7% Y-o-Y over FY20 as miners focus on surface mining of coal. Coal’s share in India’s primary energy consumption is expected to be 48% in 2040. Industry experts believe that extraction and management of minerals has to be guided by longterm national goals and perspectives and integrated into the overall strategy of the country’s economic development. Mining technology will be upgraded to ensure extraction and utilisation of the entire Run-of-Mines (RoM).

This story is from the January 2020 edition of Epc World.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the January 2020 edition of Epc World.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

MORE STORIES FROM EPC WORLDView All
Epc World

Budget 2020: A Mixed Bag of Hits & Misses

While the Union Budget has brought in several reasons for India’s infrastructure and construction industry to cheer and applaud, voices from the market draw out mixed sentiments from the stakeholders. Veena Kurup writes…

time-read
7 mins  |
February 2020
Epc World

Tepid Demand: Awaiting Projects Execution

The industry has a tepid demand in 2019. However, towards the end of the year there were signs of revival and the industry is hopeful to clock 8-10 percent growth in FY2020-21. But, it all depends on how sooner the government’s projects are put on track.

time-read
8 mins  |
February 2020
We have lined up few capexes, the payback period are quite attractive
Epc World

We have lined up few capexes, the payback period are quite attractive

In FY19, our Satna cluster’s utilization levels were at 90 percent, says VIJAY AGGARWAL, Managing Director, Prism Johnson

time-read
5 mins  |
February 2020
Ready for Future: India's warehousing sector
Epc World

Ready for Future: India's warehousing sector

The warehousing sector in India is at the threshold of a new era. From simple godowns and sheds it is evolving into an organised sector with highly automated warehouse mechanism catering to the distinctive needs of each industry.

time-read
4 mins  |
February 2020
Policy and regulatory push needed for logistics sector
Epc World

Policy and regulatory push needed for logistics sector

After entering the spotlight in 2018, the logistics and warehousing sector had an average 2019 due to the overall economic slowdown and global headwinds.

time-read
5 mins  |
February 2020
Over the next decade, business opportunities in logistics and industrial parks are going to be robust  - Dr. Niranjan Hiranandani CMD, Hiranandani Communities
Epc World

Over the next decade, business opportunities in logistics and industrial parks are going to be robust - Dr. Niranjan Hiranandani CMD, Hiranandani Communities

As India’s new-age economy – including e-commerce and organized retail - morph into the larger quantum of growth, in sync with the same, we have seen commercial real estate throw up some surprises.

time-read
2 mins  |
February 2020
Epc World

Green Cement: A Step Closure to Sustainable Construction Green Cement

Cement is a strong binding agent or adhesive, which serves as the primary ingredient in concrete.

time-read
4 mins  |
February 2020
High-performance High-Speed Doors
Epc World

High-performance High-Speed Doors

High Performance Doors are automatic doors used for fast access between internal and external areas of buildings.

time-read
2 mins  |
February 2020
Komatsu, L&T and Scania reaffirm commitment to the CE Industry
Epc World

Komatsu, L&T and Scania reaffirm commitment to the CE Industry

Komatsu, Scania and L&T Construction Equipment (LTCEL) have put up a panoramic display of 19 machines, making it one of the most comprehensive displays of Construction, Earthmoving and Road Machinery.

time-read
1 min  |
February 2020
Epc World

Addressing the Warehousing & Logistics Woes

Budget 2020 gave the warehousing and logistics sector the much-needed oxygen through monetary support and supportive policy measures, explores EPC World

time-read
7 mins  |
February 2020