Power Minister Sushilkumar Shinde along with a delegation will visit Sweden and Italy from June 20-24, as part of efforts to woo foreign players to invest in the Indian power sector.Shinde would be accompanied by Power Secretary P Uma Shankar and central transmission utility PowerGrid''s CMD S K Chaturvedi, among others.
According to an official statement issued today, Shinde would visit Sweden and Italy from June 20 - 24 to promote cooperation in power sector with the two countries as well as attract foreign investors. Shinde would meet Swedish Minister of Enterprise and Energy and Communications Maud Olofsson. Shinde would also address members of the Swedish Trade Council on various reforms initiatives and investment opportunities in the Indian power sector.
In Italy, Shinde would hold talks with Minister for Italian Economic Development Paolo Romani apart from meeting industry representatives there. India expects to see about USD 300-400 billion investment in the power sector in next five years (2012-17) and most of the funds are anticipated from the private sector.
According to an official statement issued today, Shinde would visit Sweden and Italy from June 20 - 24 to promote cooperation in power sector with the two countries as well as attract foreign investors. Shinde would meet Swedish Minister of Enterprise and Energy and Communications Maud Olofsson. Shinde would also address members of the Swedish Trade Council on various reforms initiatives and investment opportunities in the Indian power sector.
In Italy, Shinde would hold talks with Minister for Italian Economic Development Paolo Romani apart from meeting industry representatives there. India expects to see about USD 300-400 billion investment in the power sector in next five years (2012-17) and most of the funds are anticipated from the private sector.
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