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India drives jump in planned coal production despite plateau in demand
Global Energy Monitor said proposed new coal mines would add 2.5 billion tonnes of annual supply, while India plans to raise output by nearly 100 million tonnes.
India is fueling a global rise in planned coal production through a surge in new mine proposals, Global Energy Monitor said, even as demand for the fuel has begun to plateau worldwide.
The NGO found that enough new coal mining projects were proposed last year to increase global supplies by 2.5 billion tonnes a year, an 11% increase from the prior year, while global demand for coal is expected to slow.
Global Energy Monitor said the increase in proposals was driven almost entirely by the states of Jharkhand and Odisha, which doubled their coal mine proposals, aligning with India’s ministry of coal target to expand output.
India plans to increase its coal production by nearly 100 million tonnes, aiming for 1.15 billion tonnes in the 2025-26 fiscal year to meet rising electricity needs, Global Energy Monitor added, even as new coal project starts fell globally and were down sharply in China and Australia.