Power to garner Rs 2.5 lakh cr funds in 11th Plan

The power sector is likely to receive investments of over Rs 2,48,000 crore during the 11th five-year-plan period, R V Shahi, power secretary, said today.

The approach paper for the 11th plan has earmarked capacity addition of 62,000 MW of power from 2007 to 2012, Shahi said.

The planning commission, he said, has set up several sub-groups for demand projection, determination of thermal and hydro mix, transmission and distribution aspects, technology and R&D, manpower training and energy conservation.

Shahi, who is the chairman of the working group of the power sector, said the groups will be submitting their recommendations by October.

The central government had planned a capacity addition of 44,000 MW during the 10th Plan.

The ministry will also think of generating 6000 MW power from non-conventional sources and 7000 MW from captive sources, during the 11th Plan.