Power Sector is our core area of undertaking investment. We are abreast of various governmental projects for offtake. The power sector is high on India's priority as it offers tremendous potential for investing companies based on the sheer size of the market and the returns available on investment capital. In the past few years, there has been considerable growth in power plants based on renewable sources of energy. The Government of India has an ambitious mission of ‘POWER FOR ALL BY 2012’. This mission would require that our installed generation capacity should be at least 2,00,000 MW by 2012. In order to ensure that the generated power reaches the entire country, an expansion of the regional transmission network and inter regional capacity to transmit power would be essential. Opportunities of FDI in the Power Sector in India
FDI Inflows to Power
MOST PREFFERED DESTINATION INDIAN STATE FOR POWER : CHHATTISGARH Chhattisgarh, a 21st century State, came into being on November 1, 2000. Chhattisgarh is a state in Central India. It borders Madhya Pradesh on the northwest, Maharashtra on the west, Andhra Pradesh on the south, Orissa on the east, Jharkhand on the northeast and Uttar Pradesh on the north. Chhattisgarh is truly a land of opportunities. With all major minerals including diamonds in abundance, there are mega industries in steel, aluminum and cement. The state also contributes substantially to India's human resources. Several hundred students from the state qualify for admissions in prestigious national academic institutions every year. The state has low power generation cost due to pit head power generation. This is attracting many power-intensive industries. Its central location helps easy power transmission and evacuation to any part of country. There has been no labour unrest in either Bhilai or Korba, the power capital, for several decades. Twelve percent of India's forests are in Chhattisgarh, and 44 percents of the state's land is under forests. Identified as one of the richest bio-diversity habitats, the Green State of Chhattisgarh has the densest forests in India, rich wildlife and above all over 200 non-timber forest products, including medicinal, aromatic and dye plants, with tremendous potential for value addition. Advantage Chhattisgarh
· Apollo hospital, Bilaspur, · Escorts, Raipur · J.N. Medical Institute, Bhilai (SAIL) · 44 engineering colleges and numerous polytechnics and ITI
To facilitate smooth ride for inter-state and internal traffic, about 3,106 kms. road length has been specially taken up for up gradation. Railways
Air Connectivity Raipur is linked by regular flights with New Delhi, Mumbai, Kolkata, Bhubneshwar, Nagpur, Bhopal, Indore, Ahmedabad& Hyderabad. Mineral resources Chhattisgarh is a virgin territory that awaits major players to explore and unlock the potential of its abundant minerals. the state is the richest in mineral wealth. Along with two neighboring states of Orrissa and Jharkhand, it accounts for almost the entire coal deposits of India. The state has the right geological set up to host a number of economic mineral deposits of the Achaean and Proterozoic periods. The area has observed multiple major thermo-tectonic events, covering principal metallogenic and mineralogenic episodes. Such a geological environment is indicative of untapped potential for search of high value metal and mineral deposits of excellence. The State's Mineral Policy has created a positive business environment to attract private investment in the State. |
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