A Close View of India’s Energy Sectors: A Journey towards Energy Independence by Ratul Puri
New Delhi [India], June 19: India is one of the fastest-growing economies in the world resulting in a significant increase in its demand for energy. There is now a requirement for the country to achieve total energy independence. This requires multi-dimensional actions on various aspects like energy production, energy efficiency, and well-planned policy reforms.
At present, approximately 55% of India’s energy needs are met through coal. This is a non-renewable resource. There has been a significant decrease in coal imports from 249 million tons in 2019-20 to approximately 218 million tons in the year 2022-23. This was possible due to an increase in domestic production to around 893 million tons in the 2022-23.
