Rs. 300,000 crore investment will be supported by over Rs. 100,000 crore from the government
April 9, 2015
The transmission and distribution sector can expect private sector investments of nearly Rs. 300,000 crore over the next four years, Power Minister Piyush Goyal said.
“If we get transmission and sub-transmission right, I see no reason why the promise of 24×7 power can’t be met. The missing link is transmission and distribution,” Goyal said while inaugurating the Gridtech international conference in New Delhi organised by PowerGrid Corp.
The minister said that the Rs. 300,000 crore investment from the private sector will be supported by over Rs. 100,000 crore from the government through schemes such as the Deen Dayal Upadhyay Gram Jyoti Yojana and the Integrated Power Development Scheme.
In 2014-15, 20,000 km of transmission lines were added in the country, which is the highest ever, he added.