Michele Kearney's Nuclear Wire

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

Thursday, July 26, 2012

Power in India: Opportunities and Challenges in a Fast-Growing Market


Power in India: Opportunities and Challenges in a Fast-Growing Market
India’s long-term annual economic growth rate is projected at over 7%, and the country is investing in its hydroelectric, nuclear, and renewable resources. However, the primary fuel used to produce electricity remains coal, and the government has ambitious plans to significantly increase coal-fired capacity. Those plans have been challenged by a number of unexpected factors that threaten to stifle India’s economic growth. India’s long-term annual economic growth rate is projected at over 7%, and the country is investing in its hydroelectric, nuclear, and renewable resources. However, the primary fuel used to produce electricity remains coal, and the government has ambitious plans to significantly increase coal-fired capacity. Those plans have been challenged by a number of unexpected factors that threaten to stifle India’s economic growth. More »

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