India Plans 30% Slash in Thermal Coal Imports This Year
6 hours ago
- #Energy
- #Coal
- #India
- India aims to reduce thermal coal imports by 30% this year, replacing them with domestic coal.
- Despite the reduction in imports, overall coal consumption in India is expected to rise.
- Domestic coal production has been increasing, with assurances of quality for power plants.
- Renewable energy is growing, but coal remains essential for reliable baseload power in India.
- India's coal demand could more than double by 2050 under current policies.
- Coal's share in India's energy mix is projected to drop from 73% in 2025 to 47% in 2070 due to renewables.
- Authorities emphasize the sustainable use of coal, acknowledging its continued importance for decades.