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CASE Group is Spearheading India’s Energy Sufficiency drive and is all set to create a paradigm shift in Balance of payments
Roger Kumar, the Founder and Managing Director of CASE Group New Delhi (India), December 4: CASE Group is leading India’s efforts to achieve energy self-sufficiency and is geared to bring about a significant change in the country’s balance of payments. India, with a population of over 1.5 billion, has a per capita energy consumption of [...]
Roger Kumar, the Founder and Managing Director of CASE Group
New Delhi (India), December 4: CASE Group is leading India’s efforts to achieve energy self-sufficiency and is geared to bring about a significant change in the country’s balance of payments. India, with a population of over 1.5 billion, has a per capita energy consumption of only 631 kg of oil equivalent, while China’s is over 2224 kg, and the USA’s is over 6800 kg.
India, currently the 5th largest economy with a $3.5 trillion GDP, aims to become the 3rd largest economy but faces energy challenges. Heavy reliance on crude oil can harm its balance of payments and Rupee value, making India’s imports more expensive and continued dependence on other countries for crude oil imports Roger Kumar suggests using coal gasification to produce hydrogen, methanol, and chemicals like ammonia, offsetting crude oil imports. India’s abundant coal reserves (over 300 billion metric tons) and CASE Group’s technology enable the production of hydrogen, diesel, and DME via coal gasification, offering a transformative solution.
