Coal demand to touch 1.6 billion tonnes by 2030; need transparent, market-driven pricing: Official
AI Summary
Coal demand in India is projected to reach 1.6 billion tonnes by 2030, signaling a shift from scarcity to surplus in the coal market. Officials emphasize the need for transparent and market-driven pricing to manage this growing demand.
"Coal demand is projected to rise further to an estimated 1.6 billion tonnes by 2030," Dutt said, adding that we are at an "inflection point" where we are shifting from a scarcity scenario to one of surplus
Markets Commodities Energy coal demand India 2030 projection market pricing energy transition surplus commodities market