How To Start Coal Based Industry
Coal: A vital resource
Thanks to the utility of coal and metallurgy and various power plants, coal continues to be a very strong driver in the economic development of any country.
Coal is very flexible in terms of its properties. Its various chemical and physical attributes vary in terms of its area of use. An average coal supplier tries to look for the specific type of coal that meets the needs of his current customer. For every different purpose, different types of coals are required. Coal goes through the process of beatification, where the coal particles low in ash are separated from the particles high in ash. By doing this, coal can be used according to its particular purposes and lead to better productivity.
As far as energy sources go in India, cola is a dominant one. More than half of India’s fuel requirements are met by coal itself. Most of the power as enjoyed by us is generated by coal production. Various heavy industries dedicated to serving the public make extensive use of coal. India ranks third in the global coal production industry. In spite of being a huge producer of coal, India only produces a little of it, to fulfill its own steel manufacturing needs.
Government’s moves to promote coal production
For as long as we can remember, the public sector has dominated coal industry in India. But now, the government is making many efforts to allow private mining and liberalize the whole thing. Captive mining will soon be possible, where some captive blocks of coal will be allocated to different private individuals. These individuals will majorly be the owners of power plans, steel manufacturing unites and producers of fertilizers.