News

Regulation

Staff Reporter

, India

Published:

13 years ago

India's power plan requires $252B

India's Ministry of Power estimates that about Rs 11,183.75 billion or US 252 billion would be required to sustain the power sector during the XII plan period.

Nearly half of these funds, Rs 5,113.75 billion would be required for generation of power, while another Rs 2,095 billion and Rs 3,975 billion would be required for transmission and distribution of power.

Assuming a debt-equity ratio of 70:30, Rs 7,303.63 billion out of the humungous amount would be financed through debt instruments, while Rs 3130.13 billion would be sourced via equity infusion. Another Rs 750 billion would be provided through gross budgetary support by the centre.

The sector-wise requirement of funds is pegged at Rs 3044.49 billion, Rs 4728.84 billion and Rs 3410.43 billion for the central, state and private sectors, in that order.

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