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News Brief | October 2013

Power sector debt at Rs3.81 lakh cr

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 Five Year Plan has projected investment requirement for power sector (excluding renewable energy) at Rs 15.01 lakh crore. Of this, Rs 7.13 lakh crore is expected to come from the private sector, Minister of State for Power (Independent Charge) informed.
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