Quantcast

India’s Power Sector Attracts Investments of $48.75 Billion in the First Half of 2008, an Industrial Info News Alert

September 4, 2008

Researched by Industrial Info Resources (Sugar Land, Texas) — A recent study by the Associated Chambers of Commerce and Industry of India (Assocham) has revealed that the country’s power sector attracted $48.75 billion in investments from January to June 2008, accounting for 19.9% of the total investments of $244 billion in the country during the period. India’s ambitious plan to add more than 78,577 megawatts (MW) of power generation during the Eleventh Five-Year Plan period (2007-12) has lured investments from industry majors, including Jindal India Thermal Power (New Delhi), the Lanco Group (Hyderabad, Andhra Pradesh), Reliance Power Limited (BOM:532939) (Mumbai), Sterlite Industries India Limited (NYSE:SLT) (Tuticorin, Tamil Nadu) and Tata Power Company Limited (BOM:500400) (Mumbai).

For details, view the entire article by subscribing to Industrial Info’s Premium Industry News at http://www.industrialinfo.com/showNews.jsp?newsitemID=138218, or browse other breaking industrial news stories at www.industrialinfo.com.

Industrial Info Resources (IIR) is a marketing information service specializing in industrial process, energy and financial related markets with products and services ranging from industry news, analytics, forecasting, plant and project databases, as well as multimedia services. For more information send inquiries to powergroup@industrialinfo.com or visit us online at www.industrialinfo.com.

Related News Articles

EMCO’s Indian Power Projects to Utilize Indonesian Coal

India’s PVP Ventures Plans $1 Billion Investment in Power Sector

Tata BP Solar Targets $1 Billion Turnover by 2012

 Contact: Joe Govreau 713-783-5147  

SOURCE: Industrial Info Resources




comments powered by Disqus