The government has proposed to increase the total investment by eight state-owned power companies by about five per cent to Rs 51,470.14 crore for financial year 2022-23. This compares to revised estimate of Rs 49,006.30 crore for the current financial year.
According to the budget document presented in Parliament on Tuesday, Satluj Jal Vidyut Nigam — the public sector undertaking (PSU) under the administrative control of Ministry of Power, witnessed the highest increase at Rs 8,000 crore in 2022-23, from the budgeted as well as revised estimate of Rs 5,000 crore for 2021-22.
