Released on = January 10, 2007, 1:25 am

Press Release Author = RNCOS

Industry = Energy

Press Release Summary = Indian coal industry, despite being a sector with immense
possibilities, has failed to make a significant mark on the global stage.

Press Release Body = At 253 Billion Tons, India has the one of the richest coal
reserves in the world. Therefore, the country should have shown significant progress
and should have gained the position of a major energy supplier for the world.
However, the scenario is quite different today. The coal production of the country
is short and the import figures are scaling with each passing year.

The principal reason for the poor performance of this sector has been stringent
government control over coal production. After operating liberally, the sector was
nationalized in 1973 with the passing of the Coal Mines (Nationalisation)) Act. The
motive was to bring the most necessary commodity, coal, under a central regulation
so that large coal-consuming industries, like cement, power and steel, could be
supplied coal at reasonable rates. But, this act is proving a blockage in the way to
save the country from its ‘shortage’ status.

Coal production, currently, is controlled by the PSU, Coal India (CIL). The coal
produced by PSU was around 380 Million Tons. The previous production record of the
PSU points that without the involvement of other parties, the demand-supply gap
would only widen and reliance on imports would rise.

According to a Research Analyst at RNCOS, who has recently researched a report
called “Indian Coal Industry: Opportunities for Growth (2006)” the
Nationalisation Act needs to be revised to open the doors of coal mining sector to
private players from domestic and foreign lands.

The research report also focus on the facts and issues that are critical for your
success:

- Insight into trends in market performance
- Growth sectors and factors driving change
- Private Players in the Coal Sectors in India
- Emerging technologies in the coal Mining Industries
- Market leaders
- Competitive environment in the Coal Industry
- Key Challenges and Strategies
- Opportunities in the Indian Coal Industry

The market research report provides extensive research and rational analysis on the
Coal Sector in India and helps clients to understand the market potentials.

About RNCOS

RNCOS, incorporated in the year 2002, is an industry research firm. We have a team
of industry experts who analyze data collected from credible sources. We provide
industry insights and analysis that helps corporations to take timely and accurate
business decision in today\'s globally competitive environment.

For more information visit: http://www.rncos.com/Report/IM0371.htm

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Web Site = http://www.rncos.com

Contact Details = RNCOS
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info@rncos.com