Coal production in India has experienced considerable fluctuations over the past decade. In 2013, production stood at 10.71 exajoules, steadily increasing to reach 12.8 exajoules by 2018. Despite a slight dip in 2019 and 2020, production rebounded to 15.47 exajoules in 2023. The Compound Annual Growth Rate (CAGR) over the last five years (2018 to 2023) was 3.86%, underscoring a robust recovery and growth trajectory. Looking ahead, production is forecasted to grow at a CAGR of 2.1% from 2024 to 2028, reaching 17.65 exajoules by 2028.
Future trends to watch for:
- Impact of government policies on coal production and renewable energy initiatives.
- Advancements in mining technology and their effect on production efficiency.
- Environmental regulations and their influence on production and consumption patterns.
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