India energy demand set to grow fastest in the world; to overtake European Union

NEW DELHI: India’s energy demand will increase more than that of any other country over the next two decades, the International Energy Agency (IEA) said on Tuesday forecasting India overtaking the European Union as the world’s third-largest energy consumer by 2030.

An expanding economy, population, urbanisation and industrialisation will result in India’s energy needs growing at three times the global average under today’s policies, according to IEA’s India Energy Outlook 2021.

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