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Rs 1 Lakh Crore Infusion for India's Power Sector
1 Feb
Summary
- Investment in state power firms to hit Rs 1 lakh crore by 2026-27.
- NTPC and Power Grid Corp see significant investment hikes.
- Ministry of Power budget proposed to increase for the next fiscal.
The Indian government is significantly increasing investment in its state-owned power sector companies. For the fiscal year 2026-27, the total investment by nine key public sector undertakings is projected to rise by nearly 19 percent, reaching Rs 1,01,762.92 crore.
This surge includes substantial enhancements for major entities such as NTPC, whose investment will climb to Rs 31,000 crore, and Power Grid Corp, with an allocation of Rs 37,000 crore for the upcoming fiscal year. Other companies like SJVN Ltd and NHPC will also see increased funding.
The Ministry of Power's own budget is also slated for an increase, proposed at Rs 29,996.85 crore for 2026-27, up from the revised estimate of Rs 21,587.66 crore in the current fiscal. This comprehensive financial push aims to bolster India's power infrastructure.
