Today in New Delhi, India
Nov 19, 2018-Monday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -

India’s annual diesel consumption could rise to 50 billion litres by 2030

India is looking to cut its oil imports by 10% in 2022.

business Updated: Nov 23, 2017 08:07 IST
Reuters
Reuters
Reuters, New Delhi
India,Diesel,Diesel Consumption
Cars and buses clogs a road in New Delhi, India, Wednesday, Dec. 16, 2015. (AP)

India’s annual diesel consumption could rise to 150 billion litres by 2030 from 90 billion litres now, Oil Minister Dharmendra Pradhan said on Wednesday.

Annual gasoline consumption in the world’s third-biggest oil consuming nation could rise to 50 billion litres by 2030 from 30 billion litres now, he said.

The energy hungry nation, which is looking to cut its oil imports by 10% in 2022, aims to boost use of bio fuels, the minister said.‍​

India currently imports about 80% of its oil needs.

First Published: Nov 22, 2017 16:55 IST