India's energy demand to grow by 4.2%: Pradhan

India's energy demand is projected to grow by 4.2 per cent through 2035, an expansion faster than all major economies of the world, Oil Minister Dharmendra Pradhan said Tuesday as he sought investments in the country's energy chain.

Speaking at the eighth Asian Ministerial Energy Roundtable in Abu Dhabi, he said the share of world's third-largest energy consumer in total global primary energy demand is set to double to 11 per cent by 2040.

"The projected energy demand growth is 4.2 per cent per annum up to 2035. This makes India's energy demand growing faster than all major economies of the world," he said. "We are preparing for such a growth path of energy demand in the country."
The scheme has ensured that LPG coverage reaches more than 90 per cent from 55 per cent five years ago, he said. "India attained universal electrification in all villages. This year, India aims to achieve 100 per cent electrification of households."
"India is moving towards a gas-based economy by increasing the share of gas from 6 per cent to 15 per cent in the energy mix by 2030," he said. "We have constructed over 16,000 km of gas pipeline and an additional 11,000 km is under construction. We have covered over 400 districts and 70 per cent of our population."