Russia Looking To Export More Coal To India

Russia has proposed a series of measures to India to expand imports of Russian coal, the Russian Energy Ministry said after Coal Industry Department director Pyotr Bobylev visited the country, and has suggested signing an intergovernmental agreement to support imports of coking coal as well as establishing supply volumes for thermal coal.

Bobylev said that “Given the Indian steel industry’s rising demand for coking coal, we see a lot of potential in the development of Russian-Indian cooperation in the coal sector.”

The Russian Energy Ministry said the two countries signed a memorandum in 2021, which envisaged boosting Russian coking coal supplies to India to 40 million tonnes by 2035. However, demand in India continues to peak and supply chain pressures as a result of sanctions have increased India’s needs. Russia is one of the leading coal suppliers to India by volume.

Russian coal production reached 443.5 million tonnes in 2024, with 196.2 tonnes of this exported.