Nuclear Sources to Play Important Role in Addressing India’s Energy Needs- PM

Text of report headlined “Nuclear energy to fulfil rising needs: PM” published by Indian TV DD News website on 20 August

Prime Minister Manmohan Singh said that the oil import bill will put an unbearable burden on the Indian economy and nuclear energy would play an important role in addressing the country’s energy needs.

“Currently, the total domestic production of oil by Indian companies is less than one-third of the consumption. As we know, oil and gas reserves in India are quite limited,” Singh said after laying the foundation stone of ONGC’s [Oil and Natural Gas Corporation] new building in the Capital.

The oil import bill, he said, “will put an unbearable burden on our economy.”

“These facts compel us to think of a new strategy to deal with the rising energy demand,” the PM said, adding that nuclear and solar sources can play an important role in addressing energy security needs.

“Our government is committed to the development of nuclear energy,” he said.

Originally published by DD News website, New Delhi, in English 20 Aug 07.

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