India

India ranks fifth in the world in terms total energy consumption. The country is a net importer of energy with more than 25 per cent of its primary energy needs being met through imports. India is rich in coal and abundantly endowed with renewable energy in the form of solar, wind, hydro and bio-energy. However, the development of the country’s energy sector has been constrained by capital, technology, environment and security issues arising due to internal and external consequences.

India’s energy demand is fulfilled by coal and oil, which together account for more than 50% of total energy produced. Due to good economic growth, energy demand in India is increasing at very fast pace. To meet the future demand of energy, government is encouraging use of natural gas and renewable resources rather than other non-renewable resources like coal and oil.

 

(from GlobalData)