India is stepping on the gas today to lay a strong foundation for energy security in the country, while providing large-scale employment and opportunities for investment in the coal sector. In line with Prime Minister (PM) Narendra Modi’s vision to build Aatmanirbhar Bharat (self-reliant India), India is marking a fundamental shift to unleash the coal sector as commercial mine auctioning kickstarts. We are re-orienting our approach from focusing on revenue maximisation to making maximum coal available in the market.
The story of coal in India has been long and eventful. At one end, this ”Black diamond” has powered the aspirations of a growing nation, yet on the other, demand has far outpaced supply. In a way, India’s coal journey reflects both the rise of the economy and also the mismanagement of previous regimes.
