India's energy infrastructure set for INR 35 lakh crore investment by 2035
The country is expected to account for a quarter of global power demand.
India is projecting energy infrastructure investments of as much as INR 35 lakh crore over the next 10 years.
"With an envisaged investment of INR 30 lakh crore to INR 35 lakh crore over the next 10 years, the coming decade will be pivotal for energy infrastructure development across the country,” said Minister of Petroleum and Natural Gas Hardeep Singh Puri.
He said the country has invested over INR 4 lakh crore in energy infrastructure over the past decade. These have not only strengthened national capacity but also created tangible value at the state level, he noted.
The official said that India has contributed 16% to the global increase in oil demand. The South Asian state is also expected to account for nearly 25% of the additional global energy demand through 2045.
Between 2025 and 2035, India is also expected to witness significant investments across the entire hydrocarbons value chain.
“These ivestments will require leadership and proactive participation from states. While the Centre remains committed to supporting these efforts through funding, policy, and coordination, we must collectively address recurring challenges,” Puri said.