India's coal demand rises despite renewable energy growth

India's coal demand surged nearly 10% in 2023, reaching 1 billion metric tons, as the country grapples with rising electricity needs amid extreme heat. Over 70% of India's electricity is still generated from coal, despite a significant increase in renewable energy capacity, which now stands at 195 gigawatts. Electricity demand is projected to grow by at least 6% annually, potentially exceeding 300 gigawatts in three years.