Foreign Investment in Power Sector

Govermant of India advises the 'Merged FDI Policy' every now and then to empower the remote financing which incorporates the force area likewise. This was expressed by Sh. Piyush Goyal, Minister of state for Power, Coal & New and Renewable Energy (Independent Charge) in a composed answer to an inquiry in the Lok Sabha today.

The Minister further expressed that the current strategy for FDI in Power Sector, gives 100% Foreign Direct Investment (FDI) under programmed course for tasks of electric era (aside from nuclear vitality), transmission, conveyance and exchanging. Administration of India has additionally permitted the outside speculation up to 49% (with FDI cutoff of 26 for every penny and FII/FPI point of confinement of 23 for every penny) of the paid-up capital in Power Exchanges enlisted under the Central Electricity Regulatory Commission (Power Market) Regulations, 2010, under the programmed course, subject to specific conditions, as set down in the strategy, the Minister included.

Keyword : Foreign Investment in Power Sector, Power project Investment, FDI Power Projects