Power Sector PSU’s Investments To Rise Nearly 21%

03 Feb 2025 CW Team

The government has proposed to increase total investment by the nine state-owned power sector firms by nearly 21 per cent to $10.34 billion in 2025-26 compared to the previous fiscal year. According to the Budget document, the Revised Estimate (RE) of investment by these nine firms is pegged at $8.55 billion for 2024-25, while the budgeted estimate (BE) was $8.07 billion.

State-owned power giant NTPC recorded the maximum increase in investment to $3.12 billion in the next fiscal year from RE as well as BE of $2.72 billion in 2024-25. The investment by SJVN Ltd will be $1.44 billion in FY26 as against the RE of $840 million this fiscal year. The amount was fixed at $1.44 billion in BE for FY25.

The investment by NHPC will also go up to $1.56 billion in the next fiscal year from the RE of $1.25 billion and BE of $1.34 billion in 2024-25.

The investment by Damodar Valley Corporation Ltd will be $407 million in FY26, up from RE of $374 million and BE of $391 million for FY25. North Eastern Electric Power Corporation Ltd will invest $312 million in the next fiscal year, up from the RE of $166 million and BE of $221 million. However, the investment by Tehri Hydro Development Corporation Ltd has been reduced to $425 million for the current fiscal year from RE of $698 million. Its investment as per the BE was $425 million. Chenab Valley Power Projects Ltd investment in the next fiscal year is also reduced to $36 million from the BE as well as RE of $68 million in 2024-25.

Power System Operation Corporation Ltd investment will be $36 million in the next fiscal year as against RE of $36 million in 2024-25 and BE of $3.6 million. The Ministry of Power budget is proposed to be increased to $2.62 billion for 2025-26 from the RE of $2.38 billion and BE of $2.46 billion this fiscal.

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..