Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Friday, February 24, 2012

India's Soaring Energy demands strain national grid

India's Soaring Energy demands strain national grid

As the “Third World” races to industrialize, rising population demands for reliable energy place increasing stress on a country’s power generating capabilities, and nowhere is this more evident than in BRIC nation India. “Energy from anywhere” seems to be New Delhi’s motto, as the cost of India’s energy imports is proving a significant drag on the otherwise explosive growth of the nation’s economy. India, the world's fourth largest oil importer, ships in 80 percent of its oil requirements. The detrimental…Read more...

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