Coal shortage in India is likely to more than double in the next five years from 125 million tonnes now if steps are not taken soon to ramp up production, Coal Minister Sriprakash Jaiswal has warned.
“The shortage could be around 250-300 million tonnes annually,” said Jaiswal who is heading a six-member delegation to Poland, Czech Republic and Belarus to study modern methods and technologies used in underground mining.
At present, coal is supplied to the country’s power and heavy industries sectors. However, to bridge the demand-supply gap arising due a shortage of 125 million tonnes of coal every year, it is imported.
As the cost of imported coal is quite high, it cannot be used in the power production as electricity produced would be expensive for consumers.