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Delays in Land Availability: Testing High Time Patience of the Power Gencos in India

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Nearly 15 months after West Bengal chief minister Mamata Banerjee announced handing over of 96 acres to NTPC for setting up a proposed 1,320 MW power plant, the state government is yet to hand over land to the firm.

Source: ET

SNP Insights

Recurring land availability issues for power projects in India is testing high time patience of the generation companies in the country and has raised question mark on the fate of on "24×7" power supply vision of the government. Moreover, such delays might also dwindle the faith of private folks into the industry, restricting an investment flow to the tune of  USD 11.04 Billion by 2017 from private channels.

Source: SNP