Jharkhand aims to be power hub by 2019: Das

Mineral-rich Jharkhand is aiming to become power hub of the country by 2019 and expecting to attract investments to the tune of Rs 2 trillion over the next 3-4 years.
"We are aiming to make the state power hub of the country by 2019 and work has already started on setting up various power plants," Jharkhand Chief Minister Raghubar Das told PTI here today.
He was here to chair the inaugural meeting of Jharkhand Investment Promotion Board (JIPB). The board has been formed to explore existing and potential opportunities for investments in the state.
The eastern state is expecting to attract investments to the tune of Rs 2 trillion over the next 3-4 years, he said.

"Out of the total investment commitment of Rs 60,000 crore, which was made by various industrial houses for the state during the Make in India event held in Mumbai in February, work has already started on 27 proposals," he said.
"Adani Group alone has committed to invest Rs 50,000 crore in various power projects in the state which include a 1,600 MW plant and a coal-based methane gas power plant," Das said.

Besides, the work is under progress for setting up a 4,000 MW power plant by NTPC, a central PSU, with an investment of Rs 60,000 crore, he said.

"Moreover, we are working on increasing the power generation capacity of the Tenughat Vidyut Nigam Ltd (TVNL) to 1,600 MW from the current 600 MW over the 3-4 years. The request for proposal for the same was ready with us," he said.
The state was also looking at investments in sectors like mining, power, agriculture, food processing, health, education and tourism.
Jharkhand, which came into existence in 2000, will be holding its maiden Global Investors Summit on February 16-17, 2017, in Ranchi.