India Likely To Surpass Russia As Third Highest Energy Consuming Country

Capital Market 

India's GDP is growing at a rate of almost 8% per year, and use is growing as well, noted a latest update from the Information Administration's (EIA). In recent years, has surpassed Japan, Canada, and in consumed. As more recent data become available, is likely to surpass as the third-highest energy consuming country.
From 2000 to 2013, experienced rapid growth in energy consumption, overtaking the as the world's largest in 2009.

Since 2013, has consistently used approximately 40% more energy than the Although growth in China's (GDP) has slowed over this time period, it continues to grow faster than 6% per year compared with relatively flat total energy consumption, demonstrating the country's improvements in (GDP per unit energy).

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First Published: Fri, January 11 2019. 18:10 IST