Forecast: Total Primary Energy Supply in India

In 2023, India's Total Primary Energy Supply stood at 1.02 Billion Tonnes of Oil Equivalent. Forecasts indicate a gradual increase, reaching 1.15 by 2028. Year-on-year growth from 2024 to 2028 averages approximately 2.33%. Notable annual increases occur between 2025 and 2026 at 1.85% and 2027 to 2028 at 1.77%. The compound annual growth rate (CAGR) for this five-year period is expected to be 2.43%, reflecting steady energy demand growth.

Future trends to watch for:

• Expansion in renewable energy sources as part of India's energy mix.
• Government policies impacting energy efficiency and sustainability.
• Technological advancements reducing carbon footprints and improving energy consumption.