Power CPSEs register 45% growth in capex investment: Power ministry

Central public sector enterprises (CPSEs) have registered

45 per cent growth in investment on capital expenditure over the previous year, the power ministry has said.

For FY2021-22, the capital expenditure (capex) target of the CPSEs, under the Ministry of Power, is Rs 50,690.52 crore, a power ministry statement said.

Power sector CPSEs incurred a capex of Rs 22,127 crore till November 2020, which was 49.3 per cent of the total expenditure for the fiscal.

However, it stated that during 2021-22, the CPSEs have so far invested capex of Rs 32,137 crore, which is 63.4 per cent of the annual capex target.