(a) whether many foreign companies are desirous of entering power sector
in the country especially in the State of Chhattisgarh;
(b) if so, the details thereof; and
(c) the names of foreign companies working in the power sector in the
country and the States where they are working, State-wise including
Chhattisgarh?
THE MINISTER OF STATE (INDEPENDENT CHARGE) OF THE MINISTRY OF POWER
( SHRI JYOTIRADITYA M. SCINDIA )
(a) to (c): As per extant policy, Foreign Direct Investment (FDI) up to 100%
is permitted in the power sector, under the automatic route, for:
i) Generation and transmission of electric energy produced in hydro
electric, coal/lignite based thermal, oil based thermal and gas based
thermal power plants;
ii) Non-Conventional Energy Generation and Distribution;
iii) Distribution of elective energy to households, industrial, commercial and
other users; and
iv) Power Trading.
Accordingly, any foreign power company can enter power sector
through FDI route.
Further, several global power plant equipment manufacturing
companies from Japan, Europe and USA have formed Joint Ventures with
Indian Companies for establishing manufacturing base in India for the
manufacture of supercritical boilers/turbine generators and technology
transfer. The companies are Mitsubishi Heavy Industries Ltd., Japan with L&T
at Gujarat; Hitachi, Japan with BGR at Tamil Nadu; Toshiba, Japan with JSW at
Tamil Nadu; Alstom, France with Bharat Forge at Gujarat; Ansaldo Caldie, Italy
with Gammon at Tamil Nadu; Babcock & Wilcox, USA with Thermax at
Maharashtra; Hitachi Power Europe GmbH (Germany) with BGR at Tamil Nadu.
Doosan, Korea (100% FDI) has come to establish its manufacturing facilities on
their own strength in Tamil Nadu.
Besides, CLP India Pvt. Ltd., a wholly owned subsidiary of CLP
Holdings has set up a 1320 MW thermal power project at Haryana. In addition,
M/s. AES (Chhattisgarh Energy Pvt. Ltd.) proposes to setup 2x660 MW Thermal
Power Project in Chhattisgarh and Odisha Power Generation Corporation Ltd. (A
Joint Venture of Govt. of Odisha & AES Corp. USA) also proposes to setup a new
Thermal Power Project (2x 660 MW) in Odisha.