New Delhi: Displaying an in-built resilience, central public sector enterprises (CPSEs) in the power sector have shown a growth of 45 per cent in capital expenditure or capex. For the current financial year, the target for capex of CPSEs of the Ministry of Power is Rs 50,690.52 crore. During FY 2020-21, power sector CPSEs incurred a capex of Rs 22,127 crore till the month of November, which was 49.3 per cent of the total expenditure for that FY.

However, during FY 2021-22, the CPSEs of the Power Ministry have so far invested capex of Rs 32,137 crore, which is 63.4 per cent of the annual capex target. Thus, the capex performance of the Ministry in absolute as well as relative terms is better compared to the previous year. In absolute terms it has shown a growth of 45 per cent over last year’s performance, said the Power Ministry in a statement.

Even in the schemes for infrastructure development, the ministry has been making good progress. It has spent Rs 1593.72 crore in IPDS, Rs 1007.51 crore in DDUGJY and Rs 890 crore in transmission development schemes for the North Eastern region. Hence besides the expenditure of Rs 32137.37 crore by CPSEs, an additional amount of Rs 3491.23 crore has been invested in infrastructure through development schemes of the ministry.

In all, till the end of November, the Power Ministry has invested Rs 35,628.6 crore in infrastructure development. The progress of the schemes and projects is being monitored on a weekly basis by the Secretary, Ministry of Power. Through regular monitoring and coordination with other ministries and state governments, the Power Ministry is making rapid strides in infrastructure development. /BI/