State-run Power Finance Corporation on Thursday awarded the 4,000 MW Sasan and Mundra ultra mega power projects to the two successful bidders Lanco Infratech and Tata Power respectively.
The biggest lesson is in creating bankable projects with the government getting major clearances, leaving private firms to deliver on what they do best.
Delhi Metro, Yamuna-expressway and Tata Power's Mundra ultra mega power project in Gujarat are among the six ventures that have figured in the list of world's most innovative, impactful infrastructure projects prepared by international accounting firm KPMG.
Five states -- Maharashtra, Haryana, Rajasthan, Punjab and Gujarat -- face a massive power crisis.
In the next three years, Tata Power will invest anywhere between $150-200 million.
In the capital goods space, Punj Lloyd and KEC International could be in limelight for the expected turnround
The good news is that within the first 14 months, orders for manufacturing and commissioning of the entire 88,537 Mw capacity for the 12th Plan have been placed, according to the Central Electricity Authority, the country's apex power planning body.
Sensex in green in afternoon trade.
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