Sensex
82,346.19 profit arw 560.45 (0.69%)
Nifty
25,212.95 profit arw 143.75 (0.57%)
Nasdaq
18,355.20 profit arw -497.09 (-2.64%)
logo img

GET IN TOUCH

GET IN TOUCH

Refresh Captcha
Equity

As on : 11-Jul-2025
Economy - Reports
11-Jul-2025     12:38

India's primary energy demand to see CAGR expansion of 2.7% over next two and half decades

The Organization of Petroleum Exporting Countries or OPEC came up with an upbeat assessment of long-term energy demand for India. OPEC's World Oil Outlook noted that India primary energy demand is set to see an expansion of 2.7% on a CAGR basis between 2024-2020. The total primary energy demand is seen at 22 million barrels oil equivalent per day (mboe/d) in 2024 and is likely to hit 43.6 mboe/d by 2050. OPEC sees crude oil accounting for a 31% share of this 2050, increasing from 25.1% right now. Coal dependence is set to fall from 45.8% to 29.6% while the share of gas is estimated to rise from 5.6% to 11.6% during the same time.

Powered by Capital Market - Live News

INDIAN INDICES

Sensex

82,346.19 560.45 (0.69%)

Nifty

25,212.95 143.75 (0.57%)

GLOBAL INDICES

USD

NA

NASDAQ
HANG SENG

26,438.52 -8.05(-0.03%)