Self-reliance in energy is a basic requirements of the economic development of nay nation. India is not self sufficient petroleum and has to important about two thirds of its requirements. If the oil price goes up the important cost also goes up immediately. Presently, India is importing 70% of petroleum fuel ay a cost amounting Rs. 100.000 crores. Annual consumption of diesel in the country is around 40 million tons at present. Fossil fuel not only contributes ...
