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| Photo Credit: The Hindu
India’s diesel consumption rebounded in April, recording a 4% enhance in demand after months of low or adverse development, pushed by the beginning of summer season with hotter days and nights.
Diesel, India’s most consumed petroleum gasoline and lifeline of transport and rural agri financial system, noticed simply 2% development in demand in fiscal 12 months ended March 31, 2024 and no development in any respect in the previous monetary 12 months.
In April, diesel consumption rose to eight.23 million tonnes, up practically 4% over demand in the year-ago interval, in response to newest information out there from the Petroleum Planning and Analysis Cell of Ministry of Petroleum and Natural Gas.
The consumption was 5.3% greater than April 2023 and 10.45% greater than the earlier Covid-2019 interval.
Onset of summer triggers rural demand for irrigation as nicely as for air-conditioning in city areas. The 4% rise in April 2025 is the best recorded quantity for this month and second highest ever quantity in any month.
Industry officers mentioned diesel had hit a gradual lane in the previous couple of months, resulting in speculations about its future. The development in April was on the again of rise in consumption for electioneering a 12 months again.
While there was a shift in passenger automobiles to petrol, CNG and electrical energy, diesel nonetheless makes up for round 38% of all petroleum merchandise consumed in the nation.
It has grown at greater than 10% over pre-Covid quantity and can proceed to develop for the subsequent a few years, they mentioned.
During April 2025, petrol consumption registered a development of 4.6% to three.435 million tonnes. Petrol consumption final 12 months had soared by 19 per cent on account of electioneering. It has added quantity equal to 4 months since 2019.
LPG continued to be in the quick lane with 6.7% development to 2.621 million tonnes, pushed by Ujjawala connections. Since 2019, volumes equal to virtually 5 months have been added in home cooking fuel consumption.
ATF consumption development slowed to three.25% to 7,66,000 tonnes.
Jet gasoline was clocking a double-digit development final 12 months on account of electioneering (final 12 months ATF grew by 11.28% in April 2024), in response to PPAC.
Published – May 04, 2025 11:23 am IST