The Indian thermal coal market is in a
deficit of approx 80 million TPA which
is being met through imports. Led by
increase in Thermal Power capacity
from 85 GW currently to 120 GW by FY
2013, the demand for imported thermal
coal is expected to grow at a CAGR of
20-25% in the next few years.
The Company has its presence in various ports in India, With 16
years experience in coal businesses, strong domestic presence,
competent and committed employees, the Company is strategically
placed for strong growth in future. VISA Resources India Ltd. provides single
point end-to-end services for the procurement and movement
of carbon products. In view of the strong long term demand for
carbon products in India, the Company has an ambitious plan for
future growth.
CARBON PRODUCTS
Thermal Coal
India has emerged as a large and rapidly growing market for
imported thermal coal, which has mainly been sourced from
Indonesia and South Africa. Imports into India are projected to grow
at about 20-25% CAGR over the next few years, driven by strong
growth in the power sector and limited increase in domestic coal
products. VISA Resources India Ltd. is among the top five suppliers of thermal
coal to the private sector in India.
Coking Coal
India’s imports of coking coal have seen an average CAGR of about
8% over the last 15 years. Going forward growth of imports into
India is likely to be around 10% p.a. over the next 5 years, driven
by booming Indian coke production to support rapid growth in
steel production and also due to the constrained imported coke
availability. Australia remains the dominant source of imported coking
coal for India.
LAM Coke
India’s coke imports have grown significantly over the last 5 years,
driven by the expanding iron and steel production. China has been
the main coke supplier into India. Increase in export tax from 25% to
40% in 2008-09 by the Chinese Government has made coke imports
from China unattractive and the market is supply constrained.
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