(a) whether the Government propose to increase the capacity of 1 lakh
MW electricity during the next 10 years;
(b) if so, the total investment required to achieve this target; and
(c) the details of sources from where the required funds for investment
to achieve the above target are likely to be mobilized?
THE MINISTER OF STATE IN THE MINISTRY OF POWER ( SHRIMATI JAYAWANTI MEHTA )
(a) to (c) : It is presently estimated that in order to meet full demand of
electricity expected by 2012 an additional capacity of approximately
1,00,000 MW needs to be set up by the end of the Eleventh Five Year
Plan. The total investment required to achieve this target along with
matching transmission and distribution facility will be around
Rs.8,00,000 crore. The funds required for the Central Sector would be
raised through internal resources including retained earnings, issue of
bonds etc. Additionally external resources would be tied up by way of
foreign assistance from bilateral/multilateral institutions like World
Bank, ADB, JBIC etc. The funds required for the State Sector would be
obtained through internal resources of SEBs/utilities Annual Plan
allocations, loans from Indian Financial Institutions and
bilateral/multilateral assistance. The private sector is projected to meet
nearly half of the additional installed capacity, through their own equity,
retained earnings and borrowings from financial institutions etc.