India is the third largest coal producer in the world, expected to reach production level of 1.5 billion tonnes by FY20
Q. India is the ___ largest coal producer in the world after China and the US, according to PwC report.- Published on 24 Jun 16a. 1st
b. 2nd
c. 3rd
d. 4th
ANSWER: 3rd
India is the third largest coal producer in the world after China and the US and will reach production level of 1.5 billion tonnes by FY20, according to a PwC report
- According to the report, India has witnessed a two fold increase in total raw coal consumption in the past ten years
- Coal is mostly consumed for electricity generation in the country to the tune of 64 percent followed by steel at 8 percent and cement at 5 percent.
- Coal production in India has seen a massive increase from FY2010 to FY2016.
- Total domestic output is now estimated at 628 million tonnes
- Of this, 90 percent comes from public sector coal producers while the private sector contributed 10 percent
- Import of coal has also witnessed a rise of 25 percent from 2011 to 2016 as per the report
- In 2015, India imported 212 million tonnes of coal as against 193 a year later
- To attain production level of 1.5 billion tonnes by FY20, coal production must be increased to 1 billion tonnes by FY2020