Power sector needs investment of 120-150 bn USD
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Added on: 12/28/2007Description:
New Delhi, Dec 27(ANI): According to a report by CII and KPMG titled ‘India Energy Inc. – Emerging Opportunities & Challenges’, released on December 26th, India's power and upstream energy sectors need investments to the tune of 120 - 150 bln US dollars during the course of the next five years. CII and KPMG said that the Indian energy sector is showing a rich potential for investment in diverse streams, driven by a surging economy and the resulting demand-supply gap in the short run.
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