Our Bureau, New Delhi, Aug. 29
The power sector companies have outstanding debts of Rs 3.81 lakh crore during 2011-12. This includes total outstanding loans from banks and financial institutions and also funds raised via bonds. This is higher than Rs 3.28 lakh crore in 2010-11, while it was recorded at Rs 2.63 lakh crore during 2009-10. The 12th Plan has projected the power sector's investment requirement at Rs 15.01 lakh crore, which excludes renewable energy. Of this, Rs 7.13 lakh crore is expected to come from the private sector,
Minister of State for Power (Independent Charge) Jyotiraditya Scindia informed the Lok Sabha on Thursday.
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