Assam government seeks ’serious’ investment in power
Assam government power minister Pradyut Bordoloi projected the state as a safe and secure destination for
investment in the power sector.
He said this in furtherance of the Assam government's search for serious investment in the power sector.
Bordoloi reminded the power developers that by serious investors he meant the state is looking for responsible and not fly-by-night investors. Bordoloi exhorted investors to explore the possibility of coal-based methane in the state, saying the state has a large deposit of CBM.
“We are seeking investments in the CBM sector. Upper Assam has a large deposit of CBM. There is a scope for serious investors to explore this energy source and assess its availability. The Centre has initiated work in this regard,” Bordoloi said, adding that power production is yet to take off in Arunachal Pradesh where many power developers have signed memorandums of understanding for power projects there.
The power minister also pointed out that private sector players should get involved in the power distribution sector too.
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Tags: power investments, Assam government, power sector
