₹10L cr investment needed in coal sector: Report
Investments over ₹10 lakh crore would be required in the coal mining and allied sectors to meet the government's target of 1.5 billion tonnes (BT) coal production by 2019-20, according to a PwC report. India's coal demand is reportedly expected to rise to 1.2-1.5 BT by 2019-20 from 700 million in 2015. Coal imports currently contribute to 25-30% of demand.