"We have been talking about supplying coal to the power sector and that it has no fuel supply. But in the last round of auction, we got hardly any takers for the mines. This means there is not much demand for the fuel from the power players," he said at a session during the Make in India Week here.
"Demand side for the fuel needs to be managed. If not, then there will be a problem. We have to look at the paradigm shift. Coal supply was a cause of problems but it is not the case anymore. We now need to get demand going as there is an increase in production," he said.
There are a lot of non-power sectors like aluminium, cement industry, iron and steel, that are starving of coal.
"We have to think about the non-power sectors to ensure they are not starved of coal. We need to make sure there is sufficient supply of fuel for them," he said.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
