Power sector to need $400 bn in 12th plan

The power sector, which is struggling with funding shortfalls will need an additional $400 bn (around Rs18 tn) investment in the Twelfth Five-Year Plan starting April 2012. In the Eleventh Plan, the ministry had targeted an addition of 78,577 MW of power generation capacity, requiring, at current estimates, some Rs 10.60 tn of investment. However, the power ministry estimates a Rs 4.2 tn funding shortfall.

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