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1315 IST, Thursday, June 23, 2011
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Energy

India's growing economy has put energy security on top of the government's agenda. Increasing pressure of population and expanding use of energy in different sectors of the economy has led to a rethink on diversifying sources of energy and achieving energy efficiency. With a targeted GDP growth rate of 8 percent during the Tenth Five-year Plan, the energy demand is expected to grow at 5.2 percent. It is against this surging demand for energy that India signed a landmark civil nuclear deal with the US in 2008 that is expected to increase the share of atomic power in the overall energy calculus of India.

The oil and gas industry has been instrumental in fuelling the rapid growth of the Indian economy. The petroleum and natural gas sector which includes transportation, refining and marketing of petroleum products and gas constitutes over 15 per cent of the GDP.


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Indian bio-fuel project to generate 25,000 jobs in Ghana  
By Francis Kokutse
An Indian company has launched a clean energy project in Ghana that will help power over 100,000 homes and generate over 25,000 jobs in the west African country, said a company official.


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