Govt to fast-track Rs.90,000 cr power projects

The Centre has decided to fast-track 10 power projects worth Rs 90,000 crore planned by State-owned companies led by NTPC, which have been held up by land-related issues, identified in the Economic Survey as the biggest hurdle for stalled public sector investments. In a bid to jumpstart economic activity through public investments, the Power Ministry turned to the cabinet secretariat´s project monitoring group to help bring back on track stalled investments involving over 15,600 MW of capacity and critical transmission lines for states such as J&K.