Energy

Energy is an important building block in human development and acts as a key factor in determining the economic development of all countries. Energy means any form of energy derived from fossil fuels, nuclear substances or materials, Hydro-electricity and includes electrical energy or electricity generated from renewable sources of energy or biomass connected to the grid. India's energy-mix comprises both non-renewable (coal, lignite, petroleum and natural gas) and renewable energy sources (wind, solar, small hydro, biomass). India's substantial and sustained economic growth is placing enormous demand on its energy resources. The demand and supply imbalance in energy sources is pervasive requiring serious efforts by Government of India to augment energy supplies as India faces possible severe energy supply constraints. Features of the sector include:

  • Renewable & Future Energies
  • Non-Renewable.
  • Hydro-electricity
  • Nuclear
  • Power
  • Oil & Gas

The Integrated Power Development Scheme (IPDS) was approved by the Government of India on 20 November 2014 with the aim to provide quality and reliable power supply in the urban areas.The Scheme has a total outlay of Rs. 32,612 crore including a budgetary support of Rs. 25,354 crore. Projects worth Rs. 31,945 crore have been sanctioned in 546 circles of 32 states/UTs and Rs. 7116 crore have been disbursed.

The International Energy Agency (IEA) forecasts that world primary energy demand between 2011 and 2030 will increase by 1.5% per year from 12,000 million ton of oil equivalent (M ton) to 16,800 M ton.