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CPSEs under Power Ministry incur CAPEX of Rs40,395.34cr till December

6 Jan 2022 , 04:00 PM

CPSEs under the Ministry of Power have incurred capital expenditure (Capex) of Rs40,395.34cr till December during FY 2021-22. This is 47% higher than the expenditure incurred during the corresponding period of FY 2020-21.

Thus, the CAPEX performance of the Ministry is significantly better compared to the previous year.

It is to be noted that the CPSEs have also collectively met 80% of the CAPEX target of FY 2021-22, i.e. Rs.50,690.52 crore.

The top performers among the power sector CPSEs include PowerGrid (90.6%), SJVN (90.19%) NTPC (86.5%) and THDC (85.38%).

The Ministry of Power has laid a strong emphasis on accelerating the pace of the capital expenditure of the power sector projects. Regular monitoring and reviews are held to resolve issues hindering the implementation of the projects.

Related Tags

  • CPSEs
  • Power Ministry
  • Power Ministry CAPEX
  • Power Ministry CPSEs
  • Power Ministry CPSEs CAPEX
  • power sector
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