India has an ambitious target to build about 62, 000 MW of new power generation capacity by 2012 and another 1, 00, 000 MW by 2017, which will need investments worth Rs. 8, 00, 000 cr. at least.
Even at a ratio of 60-65%, this will require another chunck of Rs 5, 00, 000 cr of investments in the already under-invested Indian T&D sector. With this the sector is expected to grow at an annual pace of 20% over the next five years.
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