Brown pork chops in a little oil in a skillet. Sprinkle rice in the bottom of a greased 9x13 casserole dish. Scatter green pepper and onion over the rice. Top with pork chops. Add salt and pepper. Pour tomato juice and water into drippings in skillet. Add chili powder. Bring to a boil, then pour over pork chops. Cover and bake for 1 hour at 375 degrees or until porks chops are cooked through and liquid is absorbed.