"Considering the initiatives taken by the government in the last few years in the power sector to improve efficiency, at a conservative level, we expect to attract investment of USD 1 trillion by 2030. The power sector, including the coal renewable sector, has the potential to attract a trillion dollar investment," Goyal said at the 'Make in India Week' here today.

He said that in the short term for next five years till 2020, the sector is likely to attract nearly USD 250 billion.

The transmission and distribution sector would see an investment of USD 50 billion by 2020, the minister said.

Additionally, on the industrial equipment front, he expects an investment of USD 25 billion.

"We are confident that the initiatives like UDAY, the tariff policy, efforts for bringing transparency in coal auction, the coal-swapping policy, the one nation one grid initiative will help us achieve this target," he added.

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