Power projects line up for bank loans
A total of 103 new projects/proposals, with investment size of Rs. 250 crore or more in each have come in. The number of proposals is lower compared with the July-September quarter, but the investment amount is higher. Banks got a total of 173 projects/proposals with total investment of over Rs. 3.24 lakh crore. In value terms the power sector is way ahead of the other sectors. Iron & steel, telecom, oil and natural gas and Railway infrastructure are other leading sectors which have pitched in with proposals. NTPC leads the pack with Rs. 1.81 lakh crore followed by Jindal Steel and Power with Rs. 29,000 crore.