Power CPSEs Capex rises 47% to ₹40k crore in April-December
The Hindu
CPSEs have also collectively met 80% of the Capex target of FY 2021-22
The power ministry on January 6 said the state-owned firms (CPSEs) under it have incurred capital expenditure of ₹40,395.34 crore during April-December 2021, which is 47% higher year-on-year.
"CPSEs under Ministry of Power have incurred capital expenditure (Capex) of ₹40,395.34 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, a power ministry statement said.
Thus, the Capex performance of the ministry is significantly better compared to the previous year, it stated.
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