https://www.alphainvesco.com/blog/wp-content/uploads/2019/01/Coal-Blog-Image-1.png 507 824 Akshay Satija https://www.alphainvesco.com/blog/wp-content/uploads/2018/11/logo-2.png Akshay Satija2019-01-09 11:54:382019-01-09 12:18:49Why Coal Reforms Are So Important For The Indian Economy ?
The coal mining and coal-fired thermal power generation sectors are two of the core industries and together contribute ~10% to India’s Index of Industrial Production (IIP), affirming their importance to the economy. Further, India’s logistics industry, sponge iron industry, aluminium industry among several others, as on date, depend on India’s domestic coal industry.
https://www.alphainvesco.com/blog/wp-content/uploads/2019/01/Indian-Power-Sector.jpg 164 306 Zain Iqbal https://www.alphainvesco.com/blog/wp-content/uploads/2018/11/logo-2.png Zain Iqbal2019-01-03 10:23:092019-01-03 17:22:18Indian Power Sector- Revival On Cards In 2019 ?
With the onset of election season in the current year plus the commitment of the government to provide electricity 24/7 to every household and the power demand rising by 6% every year, we have very few CAPEX announcements, and when all this is happening, we have over 40,000 MW of stressed power capacities either without PPAs or FSAs from coal India and also capacity without linkages to Natural gas.