Monday, September 20, 2010

New report from my desk on Coal washery in India

Coal washery in India: A $5 billion business oppurtunity  is the new offering from Infraline Energy and written by me and my collegue ravi kumar.

The oppurtunity is much beyond the figure quoted above.The trend for coal washing is just picking up in India after CIL inviting private palyers to set up coal washeries in its land with provision for funding and coal linkage.

Apart from that the growing pressure from environment community coupled with huge demand from power sector would see a tremandous growth in this business segment.The early entrant to this sector would reap the benefit as coal industry is slowly but steadily picking up and moving towards reforms.

The competitive bidding for coal blocks along with governmnet thinking to allow private miners to divert resources would enhance the chance of washing business in India.

Infraline in its study predicts that with in 5 years, all coal produced in India will be washed and supplied to end users of coal which would not only help the environment but also help remove the stress from railway network.Also, the operational efficiency will be increased to around 30% by using washed coal.

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