RPG Enterprises envisaged an investment of Rs 15,000 crore in the power sector in five states in the coming five years including hydropower and non-conventional forms of energy. The sources informed that the five states selected by the company for the new projects are Orissa, Jharkhand, Bihar, Maharashtra and Bengal.The sources further informed that RPG's entry into the hydel and non-conventional energy, will increase its plants power capacity by 6000 MW over the next few fiscals.
The company stated in a communiqué that the funding of the proposed power projects would be done in a 1:2.3 debt-equity ratio.
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