Meeting Energy Needs of Developing Economy - An Indian Experience
2009
India is witnessing unprecedented dilemma. One, its growing economy means ever increasing energy consumptions accentuated by unstoppable population increase, second-its excessive dependence on non-renewables aggravates the already precarious energy balance. Excessive usage of hydrocarbons has further put a pressure on highly insufficient existing reserves of hydrocarbons which are getting exhausted at an alarming speed. India has to shell out precious foreign exchange to buy petrol and oil which constitutes a considerable part of the import bill. So where do we go from here? This article argues that India has in abundance the renewable resources of energy and gradually and consistently there has to be a quantum shift of Energy dependence from nonrenewables to renewables.
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