Domestic power industry is expected to attract investments of 17 lakh crore over the next 5-7 years, Union Minister R K Singh said on Thursday.
The sector has seen investments of Rs 20 lakh crore in the last nine years, the Minister for Power, New and Renewable Energy was quoted as saying in a release by the power ministry.
“During my tenure, we spent about Rs 2 lakh crores in constructing about 3,000 new substations, upgrading about 4,000 substations, adding 8.5 lakh circuit kilometres of HT (high transmission) and LT lines and 7.5 lakh transformers,” Singh said while addressing an event here.
