Tag: Power and energy sector
CIL was formed in the year 1975 by the Congress government headed by Indira Gandhi as a solution to the severely crippled coal industry. The Indian coal industry until 1975 was plagued with a number of issues like low productivity, lack of strategic planning, lack of funds, low-grade technology and lack of regulation.
coal industry, industry overview, Power and energy sectorPower sector is the base of economic growth in a country. It acts as the index of economic health of the country. India is one of the fastest growing economies across the globe and population-wise also, the country stands at second position in the world.
industry overview, Power and energy sectorThe development of power sector of a nation is closely linked to the overall economic growth of the nation. The importance of the power sector can therefore never be underestimated. India being a developing nation has even more to expect from this sector.
industry overview, Power and energy sectorPower sector is critical to the overall development of an economy. It provides basic infrastructure to industries in all the sectors and helps in achieving a sustainable economic development.
industry analysis, Power and energy sectorIndia is the world’s third largest coal producing country and fifth largest in terms of coal reserves. But the Indian coal sector is facing severe challenges recently and the irony lies in the fact that these challenges also include shortages.
coal industry, Power and energy sectorCoal mining on a commercial level started in India way back in 1774. India’s growth over the years can be well assumed with the fact that today it stands at third position in terms of coal production across the world.
coal industry, industry overview, Power and energy sectorCoal industry is an industry of high economic importance globally. The industry contributes to the economic development not only directly but also through the growth of many other industries where coal is the basic element like steel and power industries.
coal industry, human resource management, industry overview, Power and energy sector