SOL AR ENERGY SECTOR IN INDIA correspond ENERGY CONSUMPTION PATTERNS INDIA OVERVIEW & diddly-shit; India is the 5th largest aught consumer & wangle; India has vast potential in the Exploration Sector. & strapper; 54% Coal, 32% crude oil, 9% Natural louse up • Indian Primary Energy Sector growing at 5% SIZE • • • Oil & Gas issue to 45% of India’s pristine button requirements Crude crude oil consider is currently round 146 MMT while the domestic output of crude is alto inveigle and quarterher 34 MMT Natural gas crave is currently almost 179 MMSCMD while the domestic supply is completely 80 MMSCMD expectation • Crude oil demand is likely to growing to about 235 MMT by 2012 • Gas demand is judge to reach 279 MMSCMD by 2012 • At current assess of outgo & production, oil in India would stand up only for about 20 to 25 years. REQUIREMENT OF ENERGY The Indian economy has the second-fastest rate of increase in GDP in the world – 6.3% (according to recent prediction). The country accounts for a third of the worlds articulate without access to electricity. This situation persists despite several initiatives and policies to support low-toned households. Five different ministries have structurally handled the Indian vigour sector, among them the Ministry of New and Renewable Energy.

India is probably the only country in the world with a dedicated ministry for renewable. The country ranks fifth in the world in terms of total energy economic consumption and needs to accelerate development of the energy sector to even ou t its growth aspirations. Though rich in coa! l and lavishly endowed with renewable energy in the form of solar, wind, hydro and bio-energy, India has authentically small hydrocarbon reserves (0.4% of the world’s total). Being a net importer of energy, much than than 35% of the country’s radical energy needs are ensured through import. India needs more power – lots of it. Not only to cover its day after day power shortfalls (several hours per day), but also to support its economic...If you want to bulge out a full essay, order it on our website:
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