India has a total installed energy generation capacity of 211 Gigawatts as of 2012 out of which renewables contribute about 30 % ,Conventional sources of energy contribute around 67 % and Nuclear 2 %. India has the reliance mostly on conventional sources of energy. India has the fifth largest coal reserves in the world .Coal contributes about 57% in the current energy mix .According to India's Central Electricity Authority (CEA) coal-fired power plants will continue to dominate India's electricity generation under Business As Usual Scenario. Furthermore, under the BAU scenario the growth rates of the energy from coal and lignite would be about 3.6%/yr during the years 2012–2022. Renewable energy is the most attractive investment because it will provide long-term economic growth for India. A favourable renewable energy policy creates millions of new jobs and an economic stimulus of at least US$1 trillion, and perhaps much more if all indirect economic effects are included. "India is the Saudi Arabia of renewable energy sources and if properly utilized, India can realize its place in the world as a great power, “Renewable energy also has the advantage of allowing decentralized distribution of energy particularly for meeting rural energy needs. The current as well as future scenario of the energy resources of India has been discussed in this paper to find out the way for sustainable energy growth through renewable energy sources. To meet increasing energy requirements, policy decisions to speedily, develop and utilize environmental friendly resources, support from renewable is a necessity. Full potential of the non-conventional renewable resources is required to be exploited at the earliest. The paper endeavored to present pros and cons of future sources of energy and their dependency.

Full text: IJEIR_771_Final.pdf