Coal Bed Methane Holds Huge Potential

With the surging demand towards meeting the demand-supply gap in the domestic market and enormous potential from the CBM and CMM, energy sector exhibits promising future, says RNCOS.
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Noida, India ( March 12, 2012 - A new research report by RNCOS entitled "Indian Coal Industry Forecast to 2013", says that with significant domestic demand-supply gap, the government is apprehensive towards reducing the reliance on expensive imported LNG and making India a self-dependent nation. Several big players like Reliance India Limited; ONGC etc. have already started their operations on extracting coal bed methane with the flurry of demand, which is anticipated to beabout 475 MSCMD by 2016-17. Coal Mine Methane is also a useful energy source and has a potential benefit like fuel with the existence of a number of mines under the category of high methane content.

High demand in the domestic market has created a wide gap between production and supply, thus propelling the growth of Indian coal industry to expand and undertake new exploration ventures. According to the revealtion by our report is anticipated that coal will take a hot seat in the coming years playing a very crucial role in the Indian energy sector, with the increasing energy demand. The presence of enormous potentials in coal washeries is also encouraging players to infuse money. The government is also taking proactive indulgence in this field by adopting crucial initiatives for boosting production and investment in the coal industry as obvious from the de-allocation of coal blocks. On the ground of such prospects, it is anticipated that coal production in India will expand at a CAGR of around 9% during 2011-12 to 2013-14.

Our report, "Indian Coal Industry Forecast to 2013", entails in-depth information on major players dominating the industry, to enlighten clients with a broader prospective and understanding of the market and growth prospects. Besides, current trends prevailing in the industry and future growth potential along with the pricing mechanism of coal and the distribution model of the coal industry is also discussed at length. Last but not least, the report presents industry forecast based on correlation of past drivers, challenges, and opportunities for expansion. Overall, the report provides a comprehensive and coherent analysis of the Indian Coal Industry that will certainly prove decisive for clients.

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About RNCOS:

RNCOS specializes in Industry intelligence and creative solutions for contemporary business segments. Our professionals study and analyze the industry and its various components, with comprehensive study of the changing market behavior. Our accuracy and data precision proves beneficial in terms of pricing and time management that assist the consultants in meeting their objectives in a cost-effective and timely manner.


Tag Words: india coal supply
Categories: Energy

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