Coal demand set for uptick on rising power needs: expert

3 months ago 1
ARTICLE AD BOX
After successive months of antagonistic  maturation  successful  October and November, powerfulness  request  staged a beardown  betterment   successful  December with a 6.3 % growth.

After successive months of antagonistic maturation successful October and November, powerfulness request staged a beardown betterment successful December with a 6.3 % growth. | Photo Credit: G.N. Rao

The country's ember demand, which had remained anemic earlier successful the existent fiscal year, is poised for a boost successful the coming days connected the backmost of a crisp turnaround successful energy consumption, an manufacture adept said connected Sunday (February 22, 2026).

Vinaya Varma, managing directorof mjunction services Ltd., a B2B e-commerce level and associated task of SAIL and Tata Steel, said aft successive months of antagonistic maturation successful October and November, powerfulness request staged a beardown betterment successful December with a 6.3% growth.

"The tempo has been maintained with powerfulness depletion continuing to emergence successful January arsenic well, owed to a harsh wintertime and wide betterment successful economical activities," Ms. Varma said. "This, we believe, volition boost ember request successful the coming days," helium added.

The country's ember sector, aft hitting a grounds one-billion-tonne accumulation milestone, is staring astatine a astonishment request slowdown, forcing large nationalist firms and caller commercialized miners to rethink enlargement plans amid rising uncertainties.

Against this challenging landscape, mjunction volition organise the 19th Indian Coal Markets Conference, "Coalosseum: The Coal Battleground" from February 24-25 successful Kolkata.

During the conference, apical 36 eminent speakers from coal, power, cement, sponge iron, steel, trading, exchange, and logistics sectors volition code assorted issues facing the ember and vigor vertical successful the country.

Published - February 22, 2026 02:20 p.m. IST

Read Entire Article