Energy security is considered a national security in the contemporary world. For a country like India that is heavily dependent on fossil fuel, Strategic Petroleum Reserves (SPR) becomes a subject of National Security. Looking at the current melt-down in the financial sector, energy independence could give a reasonable support to the national currency. In other [...]
Filed under: Corporate India, Indian Politics | Tagged: Andhra Pradesh, Contemporary world, December 22nd 1975, Energy independence, Energy Policy and Conservation Act, Energy security, EPCA, FII, Financial sector, Foreign Institutional Investments, Fossil fuel, India as one of the major energy markets, India's Foreign Exchange Reserves, Indian Oil Corporation, Karnataka, Krishna Godavari Basin, Monetary Policy, National Security, OIDB, Oil Industry Development Board, President George Bush, Reliance Petroleum, SPR, Strategic Oil Reserves, Strategic Petroleum Reserves, Strategic Petroleum Reserves Ltd, United States Department of Energy, United States Energy Policy | Leave a Comment »
