Indian power generators will have to import 6% of their coal demand by weight through September as demand outstrips domestic output.
- India is facing a deficit of 24 million tons of coal in the six months starting April, according to the Indian power ministry.
- Coal generates about 70% of India’s electricity.
- Domestic Indian coal production has been hampered by monsoons flooding mines, while increased global demand after the Ukraine invasion has pushed up import prices.