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Govt to invest Rs 16,000 crore on power projects

The country's power production capacity has risen from 1363 MW in 1947 to 1.32 lakh MW now.

india Updated: Jun 02, 2006 19:54 IST

The Centre is planning to invest over Rs 16,000 crore on seven 'alpha mega' nuclear power plants, each with a capacity of 4000 MW. This is part of government's efforts to double the country's electricity production capacity from the present 1.32 lakh MW in the next five years.

The country's power production capacity has risen from 1363 MW in 1947 to 1.32 lakh MW. Plans are afoot to double it in next five years, Union Power Minister Sushilkumar Shinde on Friday said, dedicating to people the 1000 MW Indira Sagar Power station at Narmada Nagar, about 75 kms from Khandwa (MP).

In a bid to achieve the target, seven 'alpha mega' nuclear power plants were proposed to be set up, he said.

Madhya Pradesh, Gujarat, Chhattisgarh and Andhra Pradesh have shown interest in installing the projects, Shinde added.

He said the 10th and 11th five-year plans should aim at increasing production capacity by 40,000 MW and 60,000 MW respectively, to raise per capita power consumption to 1000 MW.

Shinde also promised all possible assistance to the oustees of Indira Sagar dam, including financial aid for their rehabilitation.

Addressing the gathering, Madhya Pradesh Chief Minister Shivraj Singh Chouhan claimed that the state would become energy-sufficient in next two-and-a-half years.

The state's power situation will improve to a great extent soon after the Omkareshwar project gets commissioned and power production starts next year, he added.

First Published: Jun 02, 2006 19:54 IST