Free Press Release Center Logo
   
  Home | About Us | Sample Press Release
  Press Release Articles | Press Releases and SEO | Press Release Book  
 

8th Indian Coal Markets Conference September 14-16, 2014, Hyatt Regency, Kolkata, India

India is the Answer to Coal's Prayers

 Print View   

August 29, 2014 (FPRC) -- The 8th Indian Coal Markets Conference is being organised by I H S McCloskey, mjunction and the Coal Consumersís Association of India in Kolkata, India from September 14- 16, 2014

With the Supreme Court of India ruling on Monday that the allocation of more than 200 coal blocks was illegal. There is a lot of uncertainty around what the Supreme Courtís final judgement will be to remedy this situation.

If there is a blanket cancellation of all blocks, these user industries would have to be given around 100 to 150 mt of additional coal linkage from CIL, which in other words means, imports of coal in the short run. This could cost India up to $3 billion in additional coal imports.

With coal prices sliding steadily in the global market, this development is certainly great news for global coal miners and traders and bad news for Indian industry and the economy.

Power developers are jittery as they have invested a total of Rs 2,86,677 crore toward exploration, mining and attached end use projects, which represents almost 3% of GDP.

Everyone is queuing up to minimise the potential risks. They are looking to secure coal assets overseas, meet new suppliers of imported coal and coal suppliers are looking for new customers and markets.

Over a 200 participants, traders, consultants, government policy makers have already confirmed their participation and there is expected to be capacity crowd at the prestigious Hotel Hyatt Regency.

Hotels in the city are fast filling up and airfares to and from the city have started going up, much before the usual annual festival of Durga Puja.

For more details please contact
Linus Lobo
Linus.lobo@mjunction.in

Event website
www.indiancoalmarkets.com

#coalindia #supremecourt #verdict #coalblock #allocationscam #coalimports


Send an email to Linus Lobo of mjunction services limited



Press releases by industry
Advertising
Aerospace and Defense
Architecture
Arts and Entertainment
Audio and Video
Automotive
Baseball
Basketball
Beauty
Beverages
Business
Chemicals
Christianity
Communication
Computers
Consumer
Crops
eCommerce
Economy
Education
Employment
Energy
Environment
Events and Trade Shows
Fashion
Finance
Food
Football
Forestry
Golf
Government
Hardware
Healthcare
Holidays
Human Resources
Immigration Services
Information Technology
Insurance
Internet
Investment Services
Legal
Leisure
Lifestyle
Linux and Open Source
Maritime
Media
Non-Profit
Photography
Plumbing and Heating
Politics
Public Relations
Railroads
Real Estate
Religion and Faith
Restaurants
Retail
Science
Society
Software
Sports
Technology
Television
Toys
Trade
Transportation
Travel and Tourism
Trucking
Volunteer
Waste Management
Water

[ Vist our sister sites: Linux news | Bible Study Tool ]

Site design and layout copyright 2005-2015 Free Press Release Center