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Last week, petroleum prices reached a five-year low, and the fall is likely to last as new production and alternative sources enter the market. India, which has a huge petroleum products bill, now has a chance to shock-proof its economy, diversify dependence away from West Asia, and become energy-efficient
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Can India be a prospective liqueified natural gas (LNG) market for Canada? Rajrishi Singhal provides an overview of natural gas and LNG supply and demand in India, factors impacting India's future LNG consumption, and Canada's strengths and weaknesses as an LNG supplier for India
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India’s power sector is currently facing a coal shortage with Coal India unable to keep pace with demand. Nuclear power is a cheaper and more reliable alternative for generating electricity as compared to coal
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This week Prime Minister Modi will meet his Australian counterpart Tony Abbott for the second time in two months. New Delhi and Canberra have already signed a civil nuclear deal which will supply much needed uranium to India’s reactors and remove a big thorn in the relationship between the two nations. The deal is the pivot to take the bilateral forward
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Cooperation in the energy sector offers a chance for India and the U.S. to build on a mutually beneficial and complementary relationship. The U.S. will gain from having a large, long-term market while India will benefit from cheaper and more diversified energy sources
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Indian Prime Minister Narendra Modi hit all the right notes in his landmark visit to Nepal this week. Modi’s announcement of hydropower being a key area of synergy in the bilateral will help India solve its electricity shortage and also provide the country a renewable energy import from a friendly neighbour
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In his budget speech, the Indian finance minister hinted at a greater role for natural gas in India’s energy mix. The shift will help diversify our energy sources, reduce our import bills and cut pollution.
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The World Bank report highlighting the need for far-reaching reforms in the power sector underlines the necessity for the centre and state governments to arrive at a political consensus. The model of cooperative federalism advocated by Prime Minister Modi has the potential to transform the electricity scenario
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The growing ISIS-driven violence in Iraq highlights India’s vulnerability to the turmoil in West Asia: we heavily depend on the region for our energy. To insulate the country’s energy security from the upheavals, India must urgently diversify its sources and types of fuel, and develop its own energy ecosystem
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The BJP government can begin to address regional disparity, which is a drag on economic growth, by redirecting to the east and north-east some of the infrastructure and investment planned for LNG imports. This policy push, along with concessions for customers, can re-industrialise the region