India will emerge as the main driving force behind the global energy demand including renewable and natural gas and the country’s refining capacity would increase from 250 million tonnes per annum currently to 450 million tonnes by 2025 to keep self-reliance in sync with demand, Prime Minister Narendra Modi said on Monday.
Speaking at the India Energy Forum by CERAWeek, Modi said the coronavirus pandemic had resulted in global energy demand falling by one-third, investment decisions being impacted and predictions of a contraction in demand over the next few years.
He said the country is on track to meet its renewable energy target of adding 175 gigawatts (GW) of renewable energy to its electricity grid by 2022.
