2.  100% Foreign Investment in Privately
Owned
Power Sector.
 Speed up in environment clearance for
projects.
 Relaxation in issuance of
GDR/ADRs/FCCBs.
 Investment Promotion and Infrastructure
Development cell was established.

3.  By August 1995, 189 offers were received
to setup projects of over 75000MW, at an
expected investment of 2,76,000 crores.
 17 private power projects were accorded
the Techno-Economic Clearance (TEC) by
the CEA.

4.  235 MW gas power plant in Andhra
Pradesh owned by GVK, CMS
energy, ABB.
 826MW naphtha based plant at Dabhol
joint venture of Enron, MSEB,GE capital.
 515MW gas based plant of Hazira, 160
MW gas turbine of Baroda.
 At the end of march 1998, a capacity of
3000MW was added.

5.  By Private Promoters
 Renegotiation delays
 Financing delays
 Risk Sharing
 Obtaining clearance.
 Fuel linkages.

6.  Regulatory commissions.
 Restructuring of SEBs.
 Foreign equity participation.
 Fiscal measure.
 Mega Power policy formulated in 1998.
 Establishment of Additional Institutions:
PFC Ltd.

7.  IPPs have not yet made major
contributions
 Excessive focus on supply rather than
development and efficiency.
 Developments needs were undermined.