The energy ministry on Thursday stated the state-owned corporations (CPSEs) below it have incurred capital expenditure of Rs 40,395.34 crore throughout April-December 2021, which is 47 per cent larger year-on-year.
“CPSEs below Ministry of Power have incurred capital expenditure (Capex) of Rs 40,395.34 crore until the month of December throughout FY 2021-22. This is 47 per cent larger than the expenditure incurred through the corresponding interval of FY 2020-21, an influence ministry assertion stated.
Thus, the Capex efficiency of the ministry is considerably higher in contrast to the earlier yr, it said.
It is to be famous that the CPSEs have additionally collectively met 80 per cent of the Capex goal of FY 2021-22 Rs 50,690.52 crore.
The prime performers among the many energy sector CPSEs embody PowerGrid (90.6 per cent), SJVN (90.19 per cent), NTPC (86.5 per cent) and THDC (85.38 per cent).
The Ministry of Power has laid a powerful emphasis on accelerating the tempo of the capital expenditure of the ability sector tasks.
Regular monitoring and critiques are held to resolve points which can be hindering the implementation of the tasks, it said.
(Only the headline and film of this report could have been reworked by the Business Standard employees; the remainder of the content material is auto-generated from a syndicated feed.)
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