(a) whether the Government propose to set up an `India Power Fund` to
attract private-investors in the power sector;
(b) if so, the details of the blueprint prepared by the Government for this
fund;
(c) the reasons for handing over the management of `India Power Fund`
to the Power Finance Corporation; and
(d) the manner in which the Government plans to use this fund?
THE MINISTER OF POWER ( SHRI ANANT G. GEETE )
(a) to (d) : Power Finance Corporation (PFC), a Development Financing
Institution catering to the funds requirement of the power sector at Central,
State, Private and Joint Sector level, has mooted a concept of India Power
Fund (IPF) to meet the debt and equity requirements for the power sector.
The proposal is at the concept stage only.