Recalculating India’s 2030 thermal coal import needs

Minerals Council of Australia report overstates India’s import needs by as much as 2 billion tons up to 2030, dashing claims of Australia’s new thermal coal export prospects. The IEEFA Briefing Note: “Recalculating India’s 2030 thermal coal import needs” says the forecasts in the MCA report were based on assumptions about the pace of India’s renewable generation growth that were unrealistically low, and estimates of Indian electricity demand that were unrealistically high, and inconsistent with Government of India data released over the last two years.