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Highlighting the fast progress made by India in green and clean energy sector, the Minister of Petroleum & Natural Gas and Housing & Urban Affairs, Hardeep Singh Puri has said that India's energy demand will continue to provide fuel for future economic growth and is bound to grow exponentially in the coming years. He also noted that at present the country is world's 3rd largest consumer of oil, 3rd largest LPG consumer, 4th largest LNG importer, 4th largest refiner and 4th largest automobile market.

The  minister further said that  the 10 percent target on biofuel blending by November, 2022 was attained 5 months in advance, and the 20 percent biofuel blending target of 2030 has been advanced to 2025. He said India is likely to account for 25% of global energy demand growth over the next two decades. The Minister said that the surest means of determining a country’s growth is to look at its energy consumption and India’s energy consumption is 3 times of the global average. 

Besides, talking on management of 3 challenges in the energy sector i.e. availability, affordability and sustainability, he said ‘for a start we did not allow our challenge on sustainbaility to deccelerate infact we accelerate.  Also slowly and surely, the Minister said that we are shedding this limit of 20 percent as this limit was imposed by us on ourselves because the automobile companies told that up to 20 percent blending not much change is required in engines. But now, he said, we have 20 percent blended fuel, and the process of setting up of ethanol and biogas plants etc. is underway rigourously. The automobile manufacturers are also moving forward in terms of technological advancements.’