Country spends $14.5 billion on furnace oil import Economic Survey 2012-13 reveals

The Economic Survey 2012-13 reveals that the country spends $14.5 billion on import of furnace oil, bulk of which is used for electricity generation. According to the Survey pronounced shift from hydro to thermal generation and more recently from natural gas to fuel oil as the primary fuel for...Country spends $14.5 billion on furnace oil import Economic Survey 2012-13 reveals