In terms of energy sources for cooking, LPG forms a 15% share in the rural parts of India. Around the millennium, this source had a share of only 5% for cooking application.
Firewood or wood chips nevertheless still continue to be the largest form of energy for cooking - with a share of about 67%.
The same has however, declined from 75% in 2000. Further, about 10% of the rural population still uses dung cakes.
In urban parts of India, 68% of the energy source is LPG, while 14% of the households use firewood, which has the second higher share.
When it comes to lighting, the Ministry of Statistics has reported that electricity has a share of 73% in the rural lighting sources followed by kerosene which formed majority of the balance. In urban parts of India, the former has a share of 96%.
Electricity penetration has moved high over time. As reported by Business Standard - "Over the last 2 decades, electricity has clearly replaced kerosene as the primary source of lighting in both rural and urban areas. While 62% of households used kerosene in rural India in 1993-94, the figure has dropped to 26%.
The use of electricity as a source of lighting has improved from 83% in urban households in 1993-94 to 96% in 2011-12."
Having said that, it seems that India's power story still has a long way to go; when compared to peers, the country's per capita consumption is minimal.
Today's chart of the day gives an idea of the per capita power consumption amongst the BRICS nations. India's figure of 917 kwh is minute, when compared to the 4,867 & 7,425 kwh figures of South Africa & China respectively.
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While the power sector may seem to be in the doldrums at the moment, the fact of the matter is that this is an industry that is not going to disappear.
And considering that valuations of some of the best players in the industry are at their multi-year lows, it does make things all the more interesting.
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