India’s thermal coal imports drop to 4-year low as green power rises – Daily Mirror – Sri Lanka

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India’s thermal coal imports drop to 4-year low as green power rises – Daily Mirror – Sri Lanka

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Fri, 19 Jun 2026   Today’s Paper
19 Jun 2026 – {{hitsCtrl.values.hits}}      
(Reuters) – India's thermal coal imports fell to a 4-year low in January-May due to higher local ​output and rising renewable energy generation, commodities consultancy BigMint said.
Overall, ‌thermal coal imports, at 65 million tons in the year till May, declined by an annual 12%, the consultancy said.
India, the world's second-largest importer of thermal ​coal, has been seeking to reduce its reliance on ​imports and aims to cut the use of such coal for ⁠power generation by at least 30% this year.
The country's top ​producer, Coal India (COAL.NS), opens new tab, had asked its subsidiaries to ramp up output as scorching ​temperatures due to the El Nino weather pattern increased electricity use.
Higher prices for imported coal and elevated freight rates due to the crisis in the Middle ​East also weighed on imports, BigMint said.
In January-May total ​power generation increased 5% from a year earlier, while renewable generation grew much ‌faster ⁠at 22%, BigMint said.
India's peak power demand, a measure of the maximum electricity requirement, exceeded the country's expectations of 270 gigawatts on May 21, driven by heat waves.
Power demand in the South Asian nation ​climbed 11.2% to ​a two-year high ⁠in May, data from federal grid regulator Grid-India showed.
Thermal power generation rose 10% from a year ​earlier in the month, the highest since May 2024, ​as utilities ⁠ramped up output to meet round-the-clock electricity demand, the regulator's data showed.
During the month, India's renewable power generation rose 29.31% from the previous ⁠year ​to 27.58 billion kilowatt-hours, accounting for a ​record 17.9% of the country's power mix, according to a Reuters analysis of daily ​government data.
 
 
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