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Tuesday 15 July 2008

Energy from non-conventional source is the future

GANDHINAGAR: Generating energy from non-conventional sources and production of `clean fuel` will

be the future for the energy sector world over, said chairman and managing director of Gas

Authority of India Limited (GAIL) U D Choubey here on Monday. "Today, out of the total oil and gas consumed in our country, 75 per cent is being imported, which is nearly 6 per cent of our Gross Domestic Product (GDP).

This demand could go upto 95 per cent by the year 2020," Choubey said while launching the two year post graduate management programme for executives in petroleum sector at the Pandit Deendayal Petroleum University (PDPU) in Raisan here. "It is also expected that the energy needs in the country could grow 5-7 times by 2030. So, in order to cope up with the rise in energy demands we need to sustain the economic growth rate at 8 per cent and explore new sources of energy like solar, wind, hydrogen and nuclear energy," Choubey added. Courtesy:Economic Times

Source: PETROLEUM BAZAAR

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