Economy·

Coal demand to reach 1.6 billion tonnes by 2030

Summary

  • India's coal demand is projected to increase to 1.6 billion tonnes by 2030.
  • The country is shifting from a coal scarcity scenario to a surplus scenario.
  • There is a need for transparent and market-driven pricing in the coal sector.

Key Facts

  • · Projected coal demand by 2030: 1.6 billion tonnes
  • · Current scenario: Shifting from scarcity to surplus

Why it matters

The projected increase in coal demand and the shift to a surplus scenario have significant implications for India's energy sector and economy.

#coal demand#energy sector#market-driven pricing