Prime Minister Narendra Modi on Monday reaffirmed the government’s commitment to achieving India’s energy-security goals, including the raising of the country’s renewable energy capacity to 175 giga watt (GW) by 2022 from under 95 GW now and oil refining capacity to 400 million tonne (mt) from 250 mt at present. Amid dire predictions of a contraction in global energy demand over the next few years (it dropped by a third in Q1), Modi stressed that India would emerge as a “leading energy consumer”, with a likely near doubling of its consumption over the long-term.
