Investments by power PSUs to rise

However, in case of Power Grid Corporation of India Ltd, the investment for 2021-22 has been reduced to Rs 7,500 for 2021-22 from Rs 10,500 crore in the current fiscal.

In case of NTPC, investment for 2021-22 was raised to Rs 23,736 crore from budgeted as well as revised estimates of Rs 21,000 cr for 2020-21

The investment by hydro power giant NHPC is hiked to Rs 8,057.44 crore for 2021-22 from the revised estimate (RE) of Rs 5,296 crore for the ongoing fiscal.

Damodar Valley Corporation's investment has been pegged at Rs 2,857.06 crore for 202122, higher than RE as well as BE of Rs 2,342 crore for 2020-21.

Government has raised total investments by eight state-owned power cos, including REC Ltd, by over 19% to Rs 59,990.52 crore for 2021-22. This compares to revised estimate of Rs 50,311.03 crore for the current financial year. REC Ltd witnessed highest rise of over 69% in investment to Rs 9,300 crore.