MP will be a power surplus state in two years : CM

New Delhi, Nov 20 (UNI) Madhya Pradesh Chief Minister Shivraj Singh Chouhan today promised to provide ''uninterrupted'' power supply to the industries in the state as it was poised to emerge as a power giant in the next two years.

Talking about the developments in power generation scenario in his state, Mr Chouhan, as the Chief Guest at the Madhya Pradesh Day celebrations during the ongoing IITF '06, today said the state was in the process of accelerating the implementation of 10,000 MW power projects which were currently at various stages. The government had also added a strech of 17,000 km of road to the existing 30,000 km road, he noted.

The Chief Minister also declared the State would come out with a new liberal investor-friendly version of the Industrial Promotion Policy 2004 and Action Plan 2004. State Industries and Commerce Minister Babulal Gaur was also present on the occasion.

Mr Chouhan said the state offered immense potential for trade and investment opportunities, in various sectors including textiles, jute goods, drugs, cosmetics, chemicals, engineering goods and furniture.

''The state has 12.7 per cent of the total small-scale industries in the country. The government is in the process of equipping small and medium scale industries to face fresh challenges and make them globally competitive and empowered,'' he added.

The Industrial Promotion Policy aims at encouraging small business enterprises.

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