Capex 47% higher than the expenditure incurred in FY 2020-21
CPSEs collectively meet 80% of the capex target of FY 2021-22
CPSEs under Ministry of Power have incurred capital expenditure (capex) of Rs. 40395.34 crore till the month of 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 the capital expenditure of the power sector projects. Regular monitoring and reviews are held to resolve issues hindering the implementation of the projects.