India’s Power Sector set for USD250 billion investment : Piyush Goyal

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Jan 21,

Power Minister Piyush Goyal Wednesday said, the country’s power sector is set for USD 250 billion investment across different segments.
Speaking in Davos on the sidelines of the World Economic Forum(WEF) meeting, Goyal said he was confident about foreign and domestic investors participating in a big way in the Indian growth story.
He said, there is a lot of excitement among investors about the ambitious target that the Government of India has set to ensure 24×7 power for all households as also for the industry and the farmers. Investments are expected across diverse areas of the energy sector including in renewables as well as transmission and distribution segments, he added.
The minister said, there will not be any difficulty in realizing the target of power to all by 2019.

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