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India’s energy demand projected to grow ~5% if GDP hits 7%, says HPCL CMD

HPCL projects India’s energy demand will grow ~5% if GDP expands 7%, highlighting policy and supply-chain focus.
On 7 November 2025, Hindustan Petroleum Corporation Ltd (HPCL) Chairman &- Managing Director Vikas Kaushal said that India’s energy demand is expected to rise about 5% if the economy expands at roughly 7%, emphasising the need for operational efficiency and flexible sourcing to meet that rise. Speaking at the 12th SBI Banking & Economics Conclave, he noted that the energy-sector growth outlook remains tied to macro growth and structural reforms. The remark underlines the link between broader GDP growth and underlying energy consumption trends in India.