Gujarat to get Rs 40,000-cr investment in power projects : Solanki

Ahmedabad, Nov 5 : Union Minister of State for Power Mr Bharatsinh Solanki today announced that Gujarat is going to attract investment over Rs 40,000-crore in power projects in the 12th five-year plan.

Addressing a press conference here, Mr Solanki said ''The Union Government has decided to continue its Accelerated Power Development & Reforms Programme (APDRP) in 12th five-year plan as Power is a critical infrastructure for economic growth of India. The economic acceleration would greatly depend upon a commercially viable power sector that is able to attract fresh investments.'' Mr Solanki said, ''As part of APDRP initiative, Gujarat is going to attract several mega power projects in 12th five-year plan amounting to the investment over Rs 40,000 crore. This would ensure addtional power generation of around 8500 MW in Gujarat. '' He said, ''To realise the planned benefits during 12th Paln, action has been intiated to take up/complete their survey and investigation/DPR preparation and other pre-construction activities well in advance so as to achieve the ambitious programme of capacity addition in the coming plans.'' Considering the uncertainties relating to geological surprises, natural calamities like floods, and other environmental issues expected to be experienced during the execution of the hydro projects, it has been proposed to consider a hyder capacity of 20,000 MW during 12th Plan period.''

--UNI

(c) 2009 Published with permission from United News of India.
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