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India is both a major energy producer and consumer. India currently ranks as the world's eleventh greatest energy producer & world's fifth greatest energy consumer. |
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With an expected GDP growth of 7-8%, the energy demand is expected to grow at 5-6%. Commercial primary energy consumption in India has grown by about 700% in the last four decades. |
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The venue, Ahmedabad in Gujarat is known as the emerging Power hub of India where 8662 MoUs worth US$ 243 billion (over Rs. 12,000 Billion) are signed at 'Vibrant Gujarat Global Investors' Summit 2009' in that Energy & Power was the major sector Rs. 2.14 Billion with 29 MoUs in Power Sector, Rs.1.13 Billion in Renewable Energy & many more. |
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Gujarat initiatives in environment conservation. Only the 4th state / province in the world to have a Department for Climate Change. |
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Gujarat ranked 1st in the production of crude oil & natural gas in the Country & known as the Oil & Gas capital of India . With the presence of MNCs and major corporate players of the country. Gujarat holds a strategic position in the Indian power industry. It has been ranked 2nd in the power sector rating (2005) of CRISIL-ICRA submitted to the Ministry of Power , India. |
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Gujarat the first state in the country to announce such an independent policy at Vibrant Gujarat Global Investors' Summit which aims to promote solar generation, transforming the state into an "Integrated Solar Generation Hub" of the country. |
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Wind energy is the fastest growing source of commercial energy in the world. And India, surprisingly enough, emerged as world's 5th largest wind energy producer. |
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India is the only country in the world that has an exclusive Ministry, which deals with new and renewable energy sources. |
