Power minister Sushil Kumar Shinde has stressed upon the need for creating confidence among foreign investors to attract FDI in the power sector. Despite allowing 100 per cent FDI in the power sector the reponse has been very poor. Thus there is a great need for taking corrective steps to help the power sector grow by restoring confidence among foreign investors. The recent agreement of Gayatri Energy with Sembcorp is the first foreign company to invest in the power sector in India in the last four-and-a-half years.
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