south asia regional initiative for energy cooperation and development ensuring india s security ever growing demand has a strong appetite to meet the demands of burgeoning population rapid economic growth needs will increase by 50 per cent in next 10 years estimated capacity additions some 60 700 mw between 2007 2012 moreover it need more fuel oil gas coal generate this additional power presently lacks long term sources that ensure particularly as gap supply widens over decade consumes many consequences follow example leading greater dependence on middle east imports with attendant price uncertainty depletion foreign exchange also indigenous reserves have been boosted new finds krishna godavari basin even exploration adequate pipelines terminals deliver consumers inevitably must be met continued via lng shipments or