India Coal Demand to Reach 1.6 Billion Tonnes by 2030

India uses a lot of coal to make electricity and run factories.

A top government official said the country will need even more coal in the future.

He said that by 2030, India might need about 1.6 billion tonnes of coal every year.

For the past two years, India has already produced more than one billion tonnes of coal.

The official said India is now moving from not having enough coal to having extra.

Right now, one big state-run company called Coal India sells most of the coal.

The government wants to change that by creating a 'coal exchange.'

A coal exchange is a special marketplace where buyers and sellers can bid at the same time.

This should make coal prices fairer, more transparent, and more competitive.

Later, it could even help create a market for coal contracts that are bought and sold ahead of time.