Power Sector PSUs Show 45% Rise In Capex
NDTV
In 2021-22 till November, power sector's state-owned companies have incurred capex worth Rs 32,137 crore, which was 45 per cent more than last year's
A growth of 45 per cent in investment on capital expenditure (capex) has been registered by Central public sector enterprises (CPSEs) of the power ministry in the current financial year till November, compared to corresponding period of last year.
In the current fiscal (2021-22) till November, power sector's state-owned companies have incurred capex worth Rs 32,137 crore, which was 45 per cent more than what these entities had invested in capex during the corresponding period of last year (2020-21).
For 2021-22, the capex target of the CPSEs under the Ministry of Power, is Rs 50,690.52 crore, official sources said.
