According to you, which of the following option's demand is generally higher than the GDP growth rate? |
Demand for oil Demand for solar energy Demand for natural gas Demand for power |
Demand for power |
Power is a critical component of infrastructure that determines the economic development of a country. The growth rate of demand for power is generally higher than the GDP growth rate. Studies point out that in order to have 8 per cent GDP growth per annum, power supply needs to grow around 12 per cent annually |