Budget generates hope for the power industry

  • 01/06/1998

  • Financial Express (New Delhi)

The budget has generated a lot of hope in the power sector but the key lies in implementation of policies and concepts. "Increase in the plan outlay from Rs 6,738 crore to Rs 9,500 crore is a step in the right direction, said S Rajagopal, former secretary, Ministry of power. However, it is not clear how much the net budgetary support is, he added. The minister has also increased outlay to support generation of power from non- conventional sources.