[Ferro-Alloys.com] The Planning Commission today said that the country's coal demand is likely to touch 1,000 million tonnes by 2016-17, much higher than estimated supply of 750 million.
"The demand of coal is estimated at 1,000 MT and we are assuming that domestic availability would be 750 MT," Planning Commission Adviser (Energy). A Khan said while addressing Indian Coal Markets Conference.
He said that in order to achieve expected GDP growth rate of 8.2%, "we have to plan to increase the availability of energy by 7% in terms of commercial energy which includes mainly coal".
The gap in demand and supply of coal widened to 161.5 MT last fiscal, an official statement earlier said, adding that the projected demand of coal was 696 MT in 2011-12, while the supply was 534.5 MT.
As per annual plan for 2012-13, against the demand of 512 MT, the supply of the fossil fuel has been estimated at 404.7 MT, leaving a gap of 107 MT, to be met through imports.
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