The coal sector is likely to witness a spate of activities in the upcoming year from launching maiden coal exchange to facilitating trading and rate determination of dry-fuel to meet the booming demand of the economy.
The government also intends to work more closely in the area of coal gasification as it is on a high priority list for energy transition.
Coal gasification is a cleaner option compared to burning of coal as it facilitates utilisation of the chemical properties of dry fuel.
Talking to PTI, Coal Additional Secretary Rupinder Brar said that "the demand (for coal) is extremely important. And we do see demand growing in India considering the growing size of the economy... Therefore, coal will also definitely be required and we are conscious of that and are working towards that".
The efforts will be to continuously augment coal output and align it with the demand, she said.
Brar said the pre-2014 policy on mine allocation has been disbanded and now the government gives blo