08 December 2009
"India's low per capita electricity consumption, as also of other developing countries, is being offered as the main reason for this argument. When we consider the fact that for about 40% of such a large population the commercial energy is out of reach even after 6 decades of independence the gravity of the situation becomes crystal clear. If we aim to provide energy security to our growing population in a business-as-usual scenario, the pollution level in our country will be enormous..."
Evaluating the Potential of Non-Renewable Energy
"It is necessary to highlight a trait related to India's philosophy and culture, which establishes special connections to nature and methods of consumption, notably energy ones. From Vedic traditions to relations with contemporary political thought, it seems pertinent to state that India appears in this context as particularly receptive to development methods that do not accept negative externalities for the sake of growth. Such a factor should play greatly in the case of renewable energies..."
OIL & GAS
- ONGC keen to grab a share in Ghana's Jubilee oilfield
- RIL in deal with Colombian firm for deep water blocks
- Natural gas prices revision on cards: Govt
- Japan's Itochu, Mitsui eye stake in ONGC arm
- Eni, Gazprom welcome France's entry into South Stream project
- Planning concludes for China's third West-to-East pipeline route
POWER
- L&T plans to generate 7 GW power
- DAE powers up nuclear generation target by 10 GW
- Coal India yet to implement import linked prices
- Use of Chinese power equipment increasing in the country
- India not acting under pressure on climate change issue: Saran
- Carbon will be biggest commodity market
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