Friday, November 19, 2010

Investments in Energy Sector

As per the mid-term appraisal for the 11th Plan, the 11th Plan projected outlay for Central and State sectors for power sectors and the anticipated investments during the 11th Plan for Central and State sectors for power sector is Rs.5,72,648 crore and Rs.5,22,279 crore respectively. Presently, the approach paper for the 12th Plan is in the draft stage.

PFC plans to disburse an amount of about Rs.1,28,000 crore during 11th Five Year Plan to power utilities of various states. An amount of Rs.77,542 crore has already been disbursed by PFC during the 11th Plan (upto 30.9.2010).

Further, REC plans to disburse an amount of about Rs. 85172 crore during 11th Five Year Plan to power utilities of various States. An amount of Rs.56683 crore has already been disbursed by REC during 11th Plan (upto 31.10.2010).

This information was given by Shri Bharatsinh Solanki, Minister of State for Power in a written reply in Lok Sabha today.

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