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India imported 215.25 million metric tons (237.27 million short tons) and exported 2.95 million metric tons (3.25 million short tons) of coal in 2020–21. Net imports of coal declined by 13.39% over the previous fiscal. India's net imports of coal grew at a compound annual growth rate of 8.62% over the last 10 years. [21]
India cut the amount of coal domestic power plants can expect to receive in June by 11.1%, with utilities now forecast to get 56.2 million tonnes, down from an earlier estimate of 63.3 million tonnes.
India is also the second-largest importer of coal 141.7 Mtoe in 2018 and the second-largest consumer of coal with 452.2 Mtoe in 2018. [8] India is also home to the world’s largest coal company, Coal India Ltd, which controls 85% of the country’s coal production with 7.8% production share of coal (including lignite) in the world. [64]
For utility power generation, India consumed 622.22 million tons of coal during 2019–20 which is less by 1% compared to 628.94 million tons during 2018–19. However coal imports for utility power generation increased by 12.3% during year 2019–20 at 69.22 million tons from 61.66 million tons during 2018–19. [100]
Imports related to crops, oil, and metals are keeping costs up. At the mid-2022 peak, import costs related to oil, gas, petroleum, and coal products had the highest increases, doubling their pre ...
[12] [13] India was the fourth top coal producer in 2017 with 294.2 Mtons (7.8% global share). [7] Nearly 80% of total electricity generated (utility and captive) in India is from coal and it is the main source of the nation's greenhouse gas emissions. According to Greenpeace the largest coal belt in India is at Jharia. Before coal mining ...
India is the second biggest oil importer after China and is highly dependent on imported crude oil. [27] The net imports of crude oil rose from 171.73 Mt during 2011–12 to 226.95 Mt during 2020–21. The net imports of natural gas increased from 18 BCM in 2011–12 to 32.86 BCM in 2020–21, recording a CAGR of 9.44%.
Imports also hit a record, reaching 542.7 million tons of coal in 2024, a 14.4% increase from the previous year. Lower international coal prices allowed China to stockpile supplies and maintain ...