INDIA’S ENERGY SCENARIO - CURRENT AND FUTURE

The current population of India is 1.28 billion people accounting for more than 17.5% of world’s population. Out of which, 32% is urban and rest is rural. It faces a formidable challenge in providing adequate energy supplies to users at a reasonable cost. India’s energy challenge is of fundamental importance. In the last six decades, India’s energy use has increased 16 times and the installed electricity capacity by 84 times. Overall generation in the country has been increased from 967.150 BU during 2013?14 to 1048.673 BU during the year 2014?15. In 2008, India’s energy use was the fifth highest in the world. Nevertheless, India as a country suffers from significant energy poverty and pervasive electricity deficits. In recent years, India’s energy consumption has been increasing at a relatively fast rate due to population growth and economic development, even though the base rate may be somewhat low.