Question : INVESTMENTS IN ENERGY SECTOR



(a) whether the Government proposes to spend $ 2.3 trillion to boost its energy sector by 2030; and

(b) if so, the details thereof?

Answer given by the minister


THE MINISTER OF STATE IN THE MINISTRY OF POWER(SHRI BHARATSINH SOLANKI)

(a) & (b) : Plan outlay for various sectors for five years is projected by the Govt. in the Five Year Plan document. As such, it is not possible to give an estimate of proposed outlay upto 2030. As per the mid-term appraisal for the 11th Plan, the 11th Plan projected outlay for Central and State sectors for power sectors and the anticipated investments during the 11th Plan for Central and State sectors for power sector is Rs.5,72,648 crore and Rs.5,22,279 crore respectively. Presently, the approach paper for the 12th Plan is in the draft stage.

PFC plans to disburse an amount of about Rs.1,28,000 crore during 11th Five Year Plan to power utilities of various states. An amount of Rs.77,542 crore has already been disbursed by PFC during the 11th Plan (upto 30.9.2010).

Further, REC plans to disburse an amount of about Rs. 85172 crore during 11th Five Year Plan to power utilities of various States. An amount of Rs.56683 crore has already been disbursed by REC during 11th Plan (upto 31.10.2010).