Electricity
India is presently the sixth-greatest electricity generating
country and accounts for about 4% of the world's total
annual electricity generation. India is also currently
ranked sixth in annual electricity consumption, accounting
for about 3.5% of the world's total annual electricity
consumption. Overall, India's need for power is growing
at a prodigious rate; annual electricity generation and
consumption in India have increased by about 64% in the
past decade, and its projected rate of increase (estimated
at as much as 8-10% annually, through the year 2020) for
electricity consumption is one of the highest in the world.
Despite its large annual energy production, India is
a net energy importer, mostly due to the large imbalance
between oil production and consumption. Production of
Electricity is one of the biggest challenges India is
facing today.