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Power Sector Needs Investment of $250 Billion: Piyush Goyal

A technician from Cochin Municipal Corporation repairs a street lamp post at a road side in Kochi
A technician from Cochin Municipal Corporation repairs a street lamp post at a road side in Kochi
New Delhi: Power Minister Piyush Goyal said on Thursday $250 billion of investment was needed over the next five years if the country was to meet an expected doubling of energy consumption and provide power for all its 1.2 billion people. The minister said the bulk of the investment would need to come from the private sector but the government would also invest more. "I visualise an investment of nearly $250 billion in this s...
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