Key facts
- Coal India Ltd. cut production by almost 12% in May.
- The reduction indicates demand for coal has not kept pace with supplies.
- High stockpiles are a concern for the state-run miner.
India's energy market is undergoing a diversification, leading to shifts in demand for traditional fuels like coal. As the country explores and integrates other energy sources, the demand for coal may fluctuate, impacting production levels for major miners.