Power sector to attract Rs 11.56 trillion investments in five years

Sector drew $14.18 billion FDI between April 2000 and June 2018

The country's power sector is poised to attract investments worth Rs 11.56 trillion between 2017 and 2022. Investments are expected to flow into thermal, hydro, nuclear and renewables segments.

Between April 2000 and June 2018, FDI (foreign direct investment) inflows in the power sector reached $14.18 billion, accounting for 3.64 per cent of the total FDIs drawn by the country. A report by the Indian Brand Equity Foundation (IBEF) attributed the foreign investments into power sector to the 100 per cent FDI allowed in the sector under the automatic route.

India