The Tamil Nadu Cabinet has reportedly approved 11 projects involving investments worth over Rs 200 billion. Memorandum of Understandings (MoUs) are expected to be signed for the these projects at the Global Investors’ Meet (GIM).
The Karnataka Government plans to set up four gas-fired power plants of 700 MW each in the state and is expected to invite tariff-based bidding from private investors soon after it signs the long-term gas supply contract.
Of the total 229 MoUs worth Rs 7,84,011 crore signed in the energy sector during the Vibrant Gujarat Global Investors' Summits 2009 and 2011, 35 projects worth Rs 27,170.06 have been commissioned as of December 31, 2011.
For starters, just take a look at these facts and figures: In the past decade, Rs 99,805 crore has been invested in infrastructure in Gujarat, and the investment planned for the next decade is Rs 1,180,912.