Indian private power investment down almost 50 per cent

• 10 years ago (2013-08-11)
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Private investment in India’s power sector decreased by an enormous 44 per cent over the last financial year, down from 98 283 crore ($16 billion) to Rs 54 953 crore ($9 billion), according to power minister Jyotiraditya M Scindia. Industry experts have said private investment is likely to be down even further in the current financial year.

Ashok Khurana, director general of the Association of Power Producers, said the declining investment trend could be attributed to uncertainties over fuel supply, regulatory affairs and the overall policy framework.