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India's petroleum product production reached a new milestone in fiscal year 2024, with an output surpassing *** million metric tons. This represents a steady increase from previous years, highlighting the country's growing capacity in the oil and gas sector. The rise in petroleum production comes as India continues to balance its energy mix between fossil fuels and renewable sources.

Natural gas and crude oil contribute to a diversified energy portfolio

India's energy landscape is further diversified by natural gas and crude oil production. As of 2024, the country's installed natural gas capacity stood at over **** gigawatts, with the western region accounting for **** gigawatts. Natural gas production in India reached billion cubic meters in fiscal year 2023 and is expected to grow in subsequent years. However, onshore crude oil production has seen a decline in 2023,  the estimated onshore crude oil production was around **** million metric tons.

Coal remains a cornerstone of India's energy landscape

Although, there is a rise in petroleum production, coal continues to play a crucial role in India's energy supply. The country's coal production reached approximately *** million metric tons in fiscal year 2024, underscoring its significance in meeting energy demands. Coal-fired power plants contribute to over ** percent of India's electricity generation, and, with a substantial **** gigawatts of installed coal energy coming from the private sector as of 2024.