« Ethopia first to deploy aid management platform | Main | VoIM promises free long distance for mobile phones »
September 18, 2005
India on the lookout for alternative energy sources
According to recent report by Wall Street Journal, energy hungry India is seeking alternative fuels to complement its booming demand.
In additional expanding local oil and gas production India has been encouraging use of renewable, more environment-friendly fuels like hydro, solar and wind power to cut reliance on thermal power that makes two-thirds of India's electricity.
More importantly, it aims to boost nuclear-power output nearly tenfold by 2020, even though a new nuclear-power plant costs five times more than a coal or oil-fired one.
In July of this year, the United States said it would share its civil nuclear technology with India. And just this week, India and France agreed to negotiate a pact to cooperate on nuclear power.
Expansion of the hydropower sector, which meets around 20% of power needs now, will be more modest. The government aims to lift current hydropower capacity of 23,488 megawatts by 50,000 megawatts by 2017.
Posted by admin at September 18, 2005 04:41 AM