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Web Exclusive | March 2013

Hemant Kanoria's recommendations to solve Power Shortage

By Sandeep Sharma

Growth of Indian economy and its global competitiveness hinges on availability of reliable and quality power at competitive rates. Being world's 5th largest power consumer, demand for power in India is huge and also growing. While coal will be the dominant fuel in the years to come and with a massive coal shortage witnessed in the country, the only way to ensure an energy efficient future is to support the growth of power generation through renewable sources now so that our dependence on conventional source of energy reduces going forward and by the time finite resources are exhausted, we are ready to meet our complete energy requirement by renewable sources. Renewable energy will soon reach grid parity and largely cut down the operational expenditure, thereby addressing the problems due to power crisis.

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