New Delhi, Dec 18 :     The government has decided to appoint SBI Caps and ICICI to suggest ways in which funds can be raised for power projects in the country. ?The country will require 80,000-100,000 MW in the next 8-10 years, of which 40-45 per cent would be generated by hydel power projects. The investment required would be Rs 11,00,000 crore,? power minister P. R Kumaramanagalam told reporters at the sidelines of a CII conference on infrastructure here today. The government, he said, will pour in Rs 2,000-3,000 crore every year in the power sector but that would still leave a huge gap which will have to be filled with private investment and market borrowings. Initially, NTPC had hired ICICI to explore different methods of funding future projects. However, the government decided to widen the mandate, look beyond NTPC-NHPC merger and the hydel power policy, Kumaramangalam said. NTPC would be allowed to pick up 10 per cent in Petronet LNG, a company that will import and supply liquefied natural gas in the countr, he added. Initially, Petronet LNG had four partners ? BPCL, IOC, ONGC and Gail ? which held 12.5 per cent in the company?s equity; the rest is held by the private sector. With NTPC being accommodated, the five companies would hold an equal stake of 10 per cent each. The ministry is also considering whether plants should be allowed to generate power using dimethyl ether as feedstock. Amco?s proposal to provide power at Rs 1.10 per unit has been sent to the states for consideration, the minister said. Earlier, addressing the valedictory session, the minister said the industry must take up infrastructure projects like any other commercial venture and stressed the need for evolving appropriate risk-insurance mechanisms.