Mankind is using up energy resources of mother earth in a way no other animal has ever done. The largest contributions to current energy sources in the world come from oil (31%), coal (26%) and natural gas (19%). At the present rate of consumption, oil reserves will last for 40 years, gas reserves for 60 years, coal reserves for 125 years and uranium reserves will last for 1,000 years. India has 17% of the world’s population, but only about 0.8% of the world’s known oil and natural gas sources. Based on the progress visualised for the nation during the next two decades, the power generating capacity has to increase to 4,00,000 MW by the year 2030 from the current 3,01,965 MW in India. This takes into consideration energy economics plan and the design and production of energy-efficient equipments and systems.
