The Indian coal industry is passing through a crucial juncture, wherein the short-term demand slackness is putting a roadblock to long-term growth. Two years after the launch of its 1 billion tons of production roadmap for 2020, Coal India now looks tentative in achieving the ambitious target, thanks to the tepid demand from the power sector. However, once the discoms start regaining health, post 2020, coal demand in the country is expected to see a surge yet again, given the land constraints facing the renewables. With CIL falling short of target and captive production not coming up in a big way, the government is busy doing the ground work for a big shake-up by opening commercial coal mining.
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