Indianpowersector.com Analysis: With investment opportunities of around INR 10 trillion for next fiver year plan, Indian power sector can be a hot place for international investment. The only challenge is to have a proper implementation of policies and removal of any delays in project execution.
Source GOI: Czech Republic Shows Keen Interest in Indian Power Sector
A high level delegation from Czech Republic led by Czech Industry & Trade Minister Mr. Martin Kocurek met Minister of State for Power Shri K.C. Venugopal in New Delhi today. The delegation consisting of three Ministers of Czech Republic and officials and heads of industries of the country appreciated the capacity addition efforts of the Ministry of Power. They showed keen interest in availing opportunities opened up in power sector as a result of capacity addition measures taken up by the Ministry of Power.
Shri K.C. Venugopal apprised the delegation about the opportunities available in power sector, especially related to manufacturing of Main Plant and Balance of Plant equipment. The Minister also asked Czech companies to avail consultancy services from Indian Power Sector Corporations in the transmission sector. He also apprised them of the credible and cost effective testing & certification facilities available in India which can be accessed by foreign electrical equipment manufacturers.
Apart from the Minister of State for Power, Shri Asok Lavasa, Additional Secretary, Ministry of Power, other senior officials of the Ministry and senior executives from NTPC, Power Grid & Central Electricity Authority attended the meeting.
Source BS: Canada eyes investing in Himachal Pradesh
The Canadian government has shown interest in investing in Himachal Pradesh’s growing hydro electricity, tourism, food-processing and horticulture sectors.
This was revealed by a spokesman of the state government after the Candadian high commissioner in India Stewart G Beck met the state chief minister P K Dhumal.
There were still opportunities for tapping the remaining potential by MNCs in this sector.
Dhumal told the Canadian high commissioner that the state already has the country’s largest hydro power project the 1500 MW Nathpa Jhakri project and the 2100 MW Parbati project which is to be built.