With investment running into thousands of crores of rupees languishing due to fuel supply constraints for power plants, a mega delegation comprising heads of 24 private sector power companies will meet Power Minister M Veerappa Moily on Friday.

Private companies contributed 26 per cent — Rs 166,000 crore — of the total expenditure of Rs 618,000 crore in the power sector during the eleventh Plan period. The government wants private sector’s contribution to the overall funding in the sector to go up to more than a half over the next five years.