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India's Power Sector Attracts Investments of $48.75 Billion in the First Half of 2008
BANGALORE, INDIA--September 4, 2008--Researched by Industrial Info Resources (Sugar Land, Texas)--A recent study by the Associated Chambers of Commerce and Industry of India (Assocham) has revealed that the country's power sector attracted $48.75 billion in investments from January to June 2008, accounting for 19.9% of the total investments of $244 billion in the country during the period. India's ambitious plan to add more than 78,577 megawatts (MW) of power generation during the Eleventh Five-Year Plan period (2007-12) has lured investments from industry majors, including Jindal India Thermal Power (New Delhi), the Lanco Group (Hyderabad, Andhra Pradesh), Reliance Power Limited (BOM:532939) (Mumbai), Sterlite Industries India Limited (NYSE:SLT) (Tuticorin, Tamil Nadu) and Tata Power Company Limited (BOM:500400) (Mumbai).
Other companies featured: Omaxe Limited (BOM:532880), Bhushan Steel Limited (BOM:500055), JSW Steel Limited (BOM:500228), Tata Steel Limited (BOM:500470), Vedanta Resources PLC (LON:VED), Parsvanath Developers Limited (BOM:532780), Videocon Industries Limited (BOM:511389), Bharti Airtel Limited (BOM:532454) Reliance Communications Limited (BOM:532712), Oil & Natural Gas Corporation Limited (BOM:500312), Reliance Industries Limited (BOM:500325), Mahindra & Mahindra Limited (BOM:500520), Maruti Suzuki India Limited (BOM:532500), Tata Motors Limited (NYSE:TTM), Essar Shipping Ports & Logistics Limited (BOM:500630), Jindal Saw Limited (BOM:500378) and the Shipping Corporation of India Limited (BOM:523598)
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Industry Segment: Power
Word Count: 548 Words
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