India's Coal Demand Set to Hit 1.6 Billion Tons by 2030

India’s coal demand is set to jump to 1. 6 billion tons in 2030, from about 1. 2 billion tons now, due to higher electricity generation and industrial activity, Indian Coal Secretary Vikram Dev Dutt said on Friday.

India, which is the world’s second-biggest coal consumer behind China, plans to create a coal trade exchange and raise in its domestic coal supply to boost market transparency and energy security, respectively.