Power sector PSUs’ investments to rise nearly 19% to Rs 1.01 lakh crore

The Government has proposed to increase total investment by the nine State-owned power sector firms by nearly 19 per cent to Rs 1,01,762.92 crore in 2026-27 compared to the previous fiscal year.

According to the Budget document, the Revised Estimate (RE) of investment by these nine firms is pegged at Rs 85,828.93 crore for 2025-26, while the Budgeted Estimate (BE) was Rs 86,138.48 crore. State-owned power giant NTPC’s investment will be hiked to Rs 31,000 crore in the next fiscal year from RE of Rs 29,000 crore and BE of Rs 26,000 crore in 2025-26.

Similarly, the investment by Power Grid Corp will be raised to Rs 37,000 crore in the next fiscal year from RE of Rs 28,000 crore and the BE of the investment by SJVN Ltd will be Rs 9,416 crore in FY27 as against RE of Rs 7,500 crore and BE of Rs 12,000 crore in FY26.

The investment by NHPC will also go up to Rs 14,323.49 crore in the next fiscal year from RE of Rs 12,478.32 crore and BE of Rs 13,000 crore.

The investment by Damodar Valley Corporation Ltd will be Rs 5,553 crore in FY27, up from RE of Rs 3,394 crore and BE of Rs 3,394.83 crore for FY26.

North Eastern Electric Power Corporation Ltd will invest Rs 1,959.37 crore in the next fiscal year, as against RE of Rs 1,500 crore and BE of Rs 2,600 crore.