Released on = March 7, 2007, 1:40 am

Press Release Author = Shushmul Maheshwari

Industry = Energy

Press Release Summary = Indian Government’s decision to deregulate Indian coal
industry is expected to encourage private investment in this sector.

Press Release Body = Indian coal industry will soon be deregulated, thereby
encouraging private investment & solving the problem of coal production in the
country.

\'Deregulating the coal industry may help solve the problem of coal production, which
has not been keeping pace with the growing demands of energy in India. It will also
help invite private investment in this sector, as per Harsh Gupta, president of
Indian Coal Industry Association – a non-governmental entity dealing with Indian
coal industry in a statement that Monstersandcritics published on 10 January 2007.

Available in abundance, coal makes the safest, and inexpensive fuel for power
generation. Therefore, most countries use it as a primary source to meet their
energy needs.

India – the major producer of coal - is heavily dependent upon coal for powering the
country. However with the rapid growth in the economy of the 2nd most populated
country in the world, after China, its energy demands have also sky rocketed there
by, straining the coal reserves.

The govt.’s move for deregulating the industry was supported by the private majors
in power generation industry of the country like Tata Power, Essar, and Coal India
Ltd. They expressed enthusiasm that this move from the government will help in
providing their plants with sustainable supplies of coal.

RNCOS report on “Indian Coal Industry: Opportunities for Growth (2006)” provides
extensive research and objective analysis of the Coal Industry in India. This report
helps clients in analyzing the opportunities critical to the growth of the Coal
Industry in India. Also, it includes the exclusive forecasts about the coal industry
in India, thereby enabling clients to design their market strategies accordingly.

As per the report, post deregulation, there will be significant investments
opportunities for both foreign investors and private players in Indian coal sector.
Since, inferior-quality-coal reserves and lower productivity are still the biggest
challenges before the Indian coal industry.

About the Report

RNCOS’ market research reports on “Indian Coal Industry: Opportunities for Growth
(2006)”, also addresses some interesting issues for today’s global business
environment. For example, the emerging trends in the coal sector in India, private
players in this sector, and details about investment activities undertaken by the
key players in India.

About RNCOS:

RNCOS, incorporated in the year 2002, is an industry research firm. It has a team of
industry experts who analyze data collected from credible sources. They 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
Current Industry News: http://www.rncos.com/blog


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

Contact Details = RNCOS
Shushmul Maheshwari
Head of Business Development
29, 1st Floor, Patparganj Industrial Area, Delhi 92
91-11-4214-1229
info@rncos.com