India’s imports of non-coking coal edged up by around 10% y-o-y in 2023 to close to 180 mnt, as India’s economic and infrastructural growth put increased burden on energy consumption and domestic resources. Over 80% of India’s thermal coal demand is for power generation. India’s current electricity generation mix constitutes coal (77%) followed by renewables (23%). India’s imports of non-coking coal, largely used in power generation as well as other industrial applications, increased by 12% y-o-y to nearly 80 million tonnes (mnt) in January-May 2024 compared to a little over 71 mnt in the same period of last year, as per data collated by BigMint.
