Month: October 2010

NEW DELHI, Oct. 28 (UPI) — Indian President Prathiba Patil called for an “energy revolution” to help the country achieve energy security and fuel its economic growth. Addressing the growing divide between India’s power demand and supply during the World Innovation Summit and Expo in Mumbai Wednesday, Patil said the country should pursue all available fuel options and forms of energy, whether conventional, non-conventional, new or emerging. “It is time now for an energy revolution that will ensure our energy security,” she said, Press Trust of India reports. Figures from…

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27 Oct, 2010, 04.10AM IST,ET Bureau NEW DELHI: India expects investments of up to $55 billion in the next five years in the renewable energy sector, which would generate 35,000 MW of power, a top official said. India, one of the leading producers of wind power, is encouraging investment in renewable energy to curb emissions and reduce dependence on oil as the country imports nearly three quarters of the oil it consumes. “There would be investments to the tune of $55 billion by 2015 in the renewable energy sector which…

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By Leon Kyae (http://www.triplepundit.com) India has huge economic potential while it exasperates those who fret about climate page. The world’s largest democracy has experienced an impressive economic surge the past decade—some economists even surmise that it will surpass China this century as the world’s largest economy. With that promise comes concern over what an industrialized India means for the world—especially by US politicians who oppose a shift in energy policy of any form. After all, India supposedly is not doing enough to do its part in reducing its greenhouse gas…

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