Is coal sector only about mining and companies, primarily Coal India or the flavour of the season commercial coal mining? Not really.
Coal mining also has contractors, who shoulder disproportionate volumes of activities on the ground. The number of large players in this segment is around 10-15. But, limited attention is given to them in the coal mining market.
The current market size of overall coal contract mining is around Rs 15,000 crore and is expected to become more than Rs 60,000 crore by 2030, shows KPMG and Indian Chamber of Commerce (ICC) report titled ’Contractors in the coal mining market’.
