The proposed changes could finally deliver on the long-delayed promise of nuclear energy in India. But experts warn that the government’s nuclear timelines are “simply unachievable.” India is still in the early stages of planning and may have underestimated the scale of logistical and technological bottlenecks.
Eleven of these oil fields are owned and operated by the Oil and Natural Gas Corporation (ONGC) and four by Oil India Ltd (OIL). Their proven reserves are estimated at 791.2 million tonnes of crude oil and 333.46 billion cubic metres of gas cumulatively.
The nuclear agreement between India and Canada marks a a kick start of India’s dream of harnessing nuclear power to meet it energy needs. But along with the euphoria is a realization of challenges ahead.
A silent revolution is under way. In November, Dubai announced the construction of a solar energy park that will produce electricity for less than $0.06 per kilowatt-hour – undercutting the cost of the alternative investment option, a gas or coal-fired power plant
