The Secretary Ministry of Steel, Shri Rakesh Singh informed the gathering of Indias ambitious plan to ramp up steel production from the present level of 90 MT to 300 MT by 2025. Emphasising that augmented steel capacities will need adequate energy back-up, Shri Singh said, Were aware of Polands expertise in mining, especially deep underground mining. The move from open cast mining to scientific underground mining is the next logical step for our mining industry, and were looking forward to technical collaboration in this area.
State Minister of Economy, Republic of Poland, Mr Jerry W Pietrewicz underlined that Poland specializes in not just mining and processing of coal and lignite, but also in the modernization of mines using state-of-the-art technology. Citing the example of SAILs Chasnalla underground coking coal mine which employs mining technology supplied by Poland, Mr Pietrewicz expressed his keenness in partnering Indian companies to modernize their mines. Operating in difficult geological environment compels us to improve our technology, since most of our mines are located under major cities, he explained. Mr Pietrewicz added that with Indias vast economic potential, Poland could serve as Indias gateway to Europe as Polish economy is well-versed with European market as well as with Indian PSUs such as SAIL and MECON.
The delegation also discussed the recent acquisition of coal mines in Mozambique by a joint venture of five Indian PSUs, International Coal Ventures Limited (ICVL). Polish Minister Mr Pietrewicz mentioned that similar opportunities are being opened in Poland, with some mines scheduled to be put up for sale, and that India could make use of it. He also said that Poland was already in talks with Mozambique for mutual business opportunities, and that he looked forward to partnering ICVL there. Vice Chairman of JSW S.A., the largest coal mining company in Poland, Mr Jerzy Borecki and other heads of Poland mining firms expressed keenness to work with their Indian counterparts in the production cycle of mining of coal and metals, right from the stage of design to actual production. They showed willingness to participate in the upcoming auction of coal mines in the Indian subcontinent.
The meeting was also attended by Ambassador of Poland to India Mr Tomasz Lukaszuk, Additional Secretary (Steel) Shri VK Thakral, Additional Secretary (Mines) Shri R Sridharan, Chairman of Steel Authority of India Limited (SAIL) and ICVL Shri CS Verma, CMD of MECON, Shri AK Tyagi and other senior government officials and company representatives from both sides.