INTERNATIONAL COAL NEWS

Calls to denationalise India's coal

INDIAN Prime Minister-designate Narendra Modi is under increasing pressure to carry on the work o...

Sadie Davidson

This article is 11 years old. Images might not display.

Coal is India’s most important source of energy and is at the heart of the government’s plan to ensure every home has access to electricity.

More than 40 years ago, coal mining was nationalised, with the result that India is the third highest importer of coal despite sitting on the fifth highest coal reserves in the world.

Vajpayee's government introduced legislation in April 2000 to denationalise coal mining but 14 years later it still has not been passed.

As concerns grow about the rising number of India’s coal plants sitting idle, calls for denationalisation are becoming louder, as private companies seek the same privileges for the coal sector as granted to oil and gas.

The Times of India claimed that the newly appointed government should put public sector companies up for major disinvestment through transfers of controlling stakes in order to put more money towards education and health care.

“It allows for transfer of resources from areas such as airlines and steel plants – where private companies are competitive and do the job anyway – to activities that improve the productive capabilities of Indians,” it said.

TOPICS:

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

Expert-led Insights reports built on robust data, rigorous analysis and expert commentary covering mining Exploration, Future Fleets, Automation and Digitalisation, and ESG.

editions

ESG Index 2025: Benchmarking the Future of Sustainable Mining

The ESG Index provides an in-depth evaluation of the ESG performance of 60+ of the world’s largest mining companies. It assesses companies across 10 weighted indicators within 6 essential ESG pillars.

editions

Automation and Digitalisation Insights 2025

Discover how mining companies and investors are adopting, deploying and evaluating new technologies.

editions

Mining IQ Exploration Insights 2025

Gain exclusive insights into the world of exploration in a comprehensive review of the top trending technologies, intercepts, discoveries and more.

editions

Future Fleets Insights 2025

Mining IQ Future Fleets Insights 2025 looks at how companies are using alternative energy sources to cut greenhouse gas emmissions