OPEC's World Oil Outlook 2025 report forecasts a shift in India's primary energy demand, with oil expected to surpass coal as the main driver by 2050.
Coal's share in India's primary energy demand is projected to decrease from 45.8% in 2024 to around 29.6% in the next 25 years, while the share of oil is expected to rise to 31.1% by 2050.
Oil and gas are anticipated to comprise 42.7% of India's primary energy demand by 2050, with projections for India's crude oil demand peaking around 2050 and coal demand plateauing in 2045.
India's energy demand is predicted to double from 2024 to 2050, reaching 43.6 million barrels of oil equivalent per day, driven by factors like population growth, middle-class expansion, and economic development.