Indian power needs billions in investment

4 April 2006


"This will include 44,000 MW thermal, 15,000 hydro and 3,000 MW nuclear," Umesh Narayan Panjiar, secretary in the Power Ministry, reportedly said in a recent meeting. Panjar added: "Already, generation capacity of 39 GW entailing an investment of $43 billion is under execution."

The news comes as three power projects are nearing completion in the southern state of Karnataka which are due to begin commercial operations in 2006-2007, adding 940 MW to the state capacity.




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