India is set to emerge as a leading energy consumer even as global consumption is set to contract, Prime Minister Narendra Modi said on Monday, noting that the country was on track to meet its renewable energy commitments. Speaking at the India Energy Forum by CERAWeek, he said that while the coronavirus pandemic had led to global energy demand falling by a third, India was set to double its energy consumption over the long term.
“Leading global bodies project that there will be a contraction in global energy demand over the next few years, but these agencies project India to emerge as a leading energy consumer. India is set to nearly double its energy consumption over the long term,” he said.