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India seeks investment from US in power sector

July 2, 2013

Inviting US investments into the power sector, India has said both countries can work towards developing hydro and thermal power stations with the possibility of technology transfer.

“I see a huge technology transfer in the transmissions sector between the two countries in the areas of smart grid operability, micro grids tower technology and gas insulation on transmission towers. The US is well-equipped in putting large hydro projects in place,” Power Minister Mr. Jyotiraditya Scindia said during his visit to the country seeking investments in the power sector.