New Delhi, July 03: Reliance group promoted BSES Yamuna Power and Rajdhani Power plan to invest as much as Rs 4000 crore over the next few years to improve power distribution activities in the capital. The two distribution companies which were taken over by BSES last July would invest between Rs 3,000-4,000 crore over the next two to three years towards improving distribution facilities in New Delhi, Chief Executive Himadri Banerjee said at a conference organised by CII to take stock of the power scenario in Delhi.

Banerjee said the company plans to invest close to Rs 800-900 crore annually towards this end.
He said the deployment of funds would start as soon as the government releases money from Accelerated Power Development and Reforms Programme (APDRP) set up to aid restructuring of the power sector.
As much as Rs 600 crore is expected to accrue to the company as its share due from the state government on account of reforms which the latter had initiated last year by privatising the distribution business. Bureau Report