, India

Power sector to lead India’s infra investments

 


Investments in the power sector are expected to guide the $1 trillion target investment in infrastructure for India’s 12th plan.


 The total investment in the power sector itself, including generation work in progress, will be around $300 billion, according to Planning Commission member B K Chaturvedi.


The Commission estimates India will see capacity addition of around 100,000 Mw during the period that will result in investment of at least $100 billion. A similar investment of around $100 billion is expected in distribution and transmission during the next plan period, and that overall investment, including generation work in progress currently, will come to $300 billion, which is 30 per cent of the overall target, according to the Business Standard.

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