The government is expecting an investment amounting to $300 billion in the power sector during the XII Five-Year Plan in the power sector.
According to B K Chaturvedi, Planning Commission Member, "We are expecting an investment of $300 billion in the power sector, including in power generation, transmission and distribution during the XII Five-Year Plan period.”
He further added that the government is likely to award three interstate power transmission projects to private entities by September which will be valued at around Rs 60 billion.
The investments in distribution utilities are also picking up, an investment of Rs 50,000 crore is to come in distribution through the Accelerated Power Development Reforms Programme.
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