India needs alternative sources of energy to lift annual economic growth to 10 percent as the nation's oil import bill is an ``unbearable burden'' on Asia's fourth-largest economy, Singh said in a speech in New Delhi.
The communist parties have warned Singh of ``serious consequences'' if the government proceeds with the nuclear accord with the U.S. The agreement would allow India to purchase reactors from Areva SA, General Electric Co. and other producers to help plug an electricity shortfall that shaves two percentage points off annual economic growth. -Neftegaz.RU
