According to preliminary statistics, India's coal production increased by 8.6% in the 2021-2022 year (April 2021-March 2022) and reached 777.2 Mt, spurred by the economic recovery and a surge in the power demand (power supply increased by over 8% during the year, its highest growth rate in ten years). Coal production from captive coal mines (for self use, usually in the power sector) surged by nearly 30% to 89.6 Mt. Total coal supply rose by more than 18% to 818 Mt and domestic supply exceeded production by 5.2%, consumers using coal reserves to meet the higher demand. Non-coking coal imports declined by 23% to 126 Mt.
Coal India Ltd (CIL), India's largest coal producer, has announced a coal production increase by 4.4% in the fiscal year 2021-2022 (April 2021-March 2022) to 622.6 Mt. The company supplied 540.4 Mt of coal to power producers (+21.4%). Coal India's output and offtake targets are set at 700 Mt for the fiscal year 2022-2023.
Energy and Climate Databases
Market Analysis