India's coal output expects to boom temporarily

2017-05-17 14:55:00 Viewpoint,  International sxcoal.com

A report by the Indian government indicates the country will double its coal output to 1.5 billion tonnes by 2020, Power Engineering reported on May 16.


As the world's third largest coal producer, India currently generates 58% of its energy from coal. However, coal's share of the country's energy mix is expected to shrink to between 42-48% by 2047, according to the report.


The report was written by Indian think tank NITI Aayog, which advises the government on policy issues and is chaired by Prime Minister Narendra Modi and the Institute for Energy Economics Japan.


India is also the world's second-largest coal importer, though the country hopes to cut its imports to zero by the end of this year.


"India would like to use its abundant coal reserves as it provides a cheap source of energy and ensures energy security as well," the report said.


However, the report suggests India will need to resume importing coal again after its coal output peaks in 2037, according to the report, while imports could rise to as much as 62% of its total by 2047 if the country doesn't make its coal mining more efficient.


Renewable generation is also expected to grow to 175 GW by 2022. The country currently generates 4% of its energy from renewable sources. Natural gas could rise from 6.5% of India's energy now to between 10-17% by 2047.


(Writing by Becky Du   Editing by Harry Huo)
For any questions, please contact us by inqury@fwenergy.com or +86-351-7219322.

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