Indian power sector will require an investment of Rs 1,501,666 crore during the five years of 2012-17, half of which has been envisaged from the private sector, Power Minister Jyotiraditya M Scindia said. In order to achieve the planned growth target and to sustain the growth momentum, the Indian power sector needs considerably large investments, he told. As per a report compiled by Power Finance Corporation, the total outstanding loans from banks and financial institutions (including bonds) for all power utilities was Rs 3,81,134 crore in 2011-12 and Rs 3,28,534 crore in 2010-11.
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