Unlike Australia, India recognises that data centres need stable baseload power

Monday 15 June 2026

India has rapidly expanded its coal use over the past decade, while developed nations (including Australia) have cut back:

In 2024-25, 73% of India’s energy production came from coal:

India produces more than twice as much coal as Australia and imports coal from other nations, including Australia:

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.