Barring PowerGrid, total investments by power PSUs to rise 19 pc to ₹60k cr in FY22

New Delhi: The government has increased total investments by eight state-owned power companies, including REC Ltd, by over 19 per cent to ₹59,990.52 crore for 2021-22.

This compares to revised estimate of ₹50,311.03 crore for the current financial year.

REC Ltd witnessed the highest increase of over 69 per cent in investment to ₹9,300 crore, against ₹5,500 crore budget estimates for 2020-21. This investment figure was not revised, according to the Budget document presented in Parliament on Monday.