India’s coal demand is projected to reach 1.6 billion tonnes by 2030 as the government pushes a more market-driven approach to coal trade, according to Coal Secretary Vikram Dev Dutt. He says India’s domestic coal production has crossed 1 billion tonnes for the first time in 2024-25 and remains above that level into 2025-26.
NDTV reports that the government is planning changes to how coal is traded, including the creation of a national coal exchange. The stated aims are to improve competition, enable more transparent price discovery, and broaden market access. The report also notes that a derivatives market could be considered in the future as the trading framework develops.
Together, the sources link the demand forecast with an overhaul of trading mechanisms. Business Line focuses on production milestones highlighted by the Coal Secretary, while NDTV emphasizes the proposed exchange structure and potential market expansion through derivatives. Neither source provides detailed timelines or implementation specifics in the excerpts provided.