Government increases 19 per cent investments in power PSUs in 2021-22

According to the budget document, the central government has increased the total investments by over 19 per cent to Rs 599.90 billion for 2021-22 by eight public power companies compared to 2020-21. …

REC Limited’s investment has been increased by over 69 per cent to Rs 93 billion. For NTPC Limited, NHPC Limited, Damodar Valley Corporation, North Eastern Electric Power Corporation, SJVN Limited and THDC Limited, the investment has been increased to Rs 237.36 billion, Rs 80.57 billion, Rs 28.57 billion, Rs 8.10 billion, Rs 50 billion and Rs 27.30 billion, respectively. For Power Grid Corporation of India Limited, the investment for 2021-22 has been reduced to Rs 75 billion for 2021-22 from Rs 105 billion in 2020-21.

GET ACCESS TO OUR ARTICLES

Enter your email address