Coal consumption in India saw steady growth from 2013 to 2023, with a notable dip during 2020 due to the pandemic. Consumption in 2023 stood at 20.58 Exajoules. Variations in the past two years were 4.13% in 2022 and 2.41% in 2023. The Compound Annual Growth Rate (CAGR) over the last five years was 2.79%. Forecasts suggest continued growth, with a projected CAGR of 2.26% and a total growth rate of 11.83% from 2024 to 2028.

Future trends to watch for include:

Shift towards renewable energy sources as India ramps up its green energy initiatives.
Changes in global coal prices impacting domestic consumption.
Policy changes aimed at reducing carbon emissions and increased environmental regulations.