• 3 minutes Biden Seeks $2 Trillion Clean Energy And Infrastructure Spending Boost
  • 5 minutes While U.S. Pipelines Are Under Siege, China Streamlines Its Oil and Gas Network
  • 8 minutes Gazprom fails to exempt Nord Stream-2 from EU market rules
  • 3 hours China wields coronavirus to nationalize American-owned carmaker
  • 2 mins Open letter from Politico about US-russian relations
  • 2 days Trumpist lies about coronavirus too bad for Facebook - BANNED!
  • 20 hours Renewables Overtake Coal, But Lag Far Behind Oil And Natural Gas
  • 8 mins Joe Biden the "Archie Bunker" of the left selects Kamala Harris for VP . . . . . . Does she help the campaign ?
  • 15 hours US will pay for companies to bring supply chains home from China: Kudlow - COVID-19 has highlighted the problem of relying too heavily on one country for production
  • 2 days China's impending economic meltdown
  • 2 days Why Oil could hit $100
  • 4 hours Trump is turning USA into a 3rd world dictatorship
  • 3 days Pompeo upsets China; oil & gas prices to fall
  • 3 days Brent above $45. Holding breath for $50??
  • 2 days Rational analysis of CV19 from Harvard Medical School
  • 2 days The Truth about Chinese and Indian Engineering
  • 2 days What the heroin industry can teach us about solar power (BBC)
James Burgess

James Burgess

James Burgess studied Business Management at the University of Nottingham. He has worked in property development, chartered surveying, marketing, law, and accounts. He has also…

More Info

Protests in India Could Curtail Coal Production

Officers at India’s state-owned coal company plan to go on a three-day strike over pay, which could cut into India’s coal production. Coal India, the world’s largest coal producer, is responsible for 80% of India’s coal output. Shortages are a constant problem for India, which is becoming more dependent on foreign suppliers for coal. "Coal Mines officers' Association of India has served a strike notice ... against non-finalization of performance related pay, new pension scheme and other demands," the company said in a statement, according to Reuters.

Coal is India’s primary source of energy. India has the fifth largest coal reserves in the world, but struggles to produce enough coal to keep the lights on. Employee strikes, permit delays, and general inefficiencies plague the coal giant, which often misses its production targets. The coal sector is dominated by two state-owned companies, including Coal India, which more or less have a monopoly on the market.

Related Article: Another Nation Goes Coal Critical

The impacts of the strike could be blunted by the fact that only 19,000 of the company’s 349,000 employees are officers. But the pending strike could knock off 1.5 million tonnes-per-day of coal production, putting strains on domestic supplies. India, already the world’s third largest importer of coal, may have to turn to international markets for more coal.

And it has had to do so more and more every year. There is an enormous amount of pent up demand with hundreds of millions of people still without power. Demand has increased about 7% per year, but production has not kept up. That forces the country to rely on imports. Coal imports jumped to 152 million tonnes in 2013 from a year earlier, a 21% increase. On average, imports have grown by 13% per year since 2001, according to EIA data.

By James Burgess of Oilprice.com



Join the discussion | Back to homepage



Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News