Technology, Innovations, Funn, Day to Day.......!!

Wednesday, December 12, 2007

Tremendous Growth Expectations in Energy……

Ten years ago, getting a telephonic connection entailed waiting a year or more. Making STD calls, much less oversea calls, was the privilege of very wealthy few. Today we have more than 200million mobile and fixed telephone connections and it is slated to rise, to close to 500 million within the next few years. Could we have imagined that such sweeping changes would have happened, is such a short span of time?

And more importantly that the players who brought about this change like Bharati Airtel, Reliance Communications and Idea Cellular would create such wealth for the investors?

Now a similar story is enacted in the area of energy [oil and gas producers, transmission and distribution companies, capital equipment manufacturers and beneficiaries of availability of abundant energy], which we believe would offer similar wealth creation opportunity.

Consider this. Conservative estimates show that India can absorb 9% more Petro products every year, over the next 5 years. Demand for gas is set to double in 5years.
Luckily gas suppliers are set to expand by 150% in the next 5 years. The value of the new oil and gas finds will be 90% of current software exports and 2.9% of current Gross Domestic Product.
Isn't it Amazing to know this...???



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