Power PSUs' investments to dip 13 pc at Rs 54k cr in FY19

Total investments by firms under the power ministry, including NTPC and PowerGrid, will be lower by 13 per cent at Rs 54,270.11 crore in the next fiscal, according to the Budget.
The budget estimates of the investments by these eight firms was Rs 62,600.37 crore for this fiscal, which has been hiked to Rs 64,700.69 crore in the revised estimates, the Budget document for 2018-19 showed.
Among these, state-run power giant NTPC's investment is pegged substantially lower at Rs 23,000 crore for the next fiscal compared to Rs 28,000 crore in 2017-18.
However, transmission utility Power Grid Corp's investment or capital expenditure has been kept unchanged at Rs 25,000 crore for the next fiscal.

The investments by hydro power giant NHPC is also lowered to Rs 2,739.86 crore for 2018-19 as compared to revised estimates of Rs 3,522.86 crore for this fiscal.
Damodar Valley Corporation's investments are at Rs 1,605.64 crore compared to Rs 2,167.15 crore (budget estimate). Its investment has been revised to Rs 1057.05 crore.

The budget has not provided any investment estimates for Power Finance Corporation in the next fiscal.
The total expenditure under the Deen Dayal Upadhyaya Gram Jyoti Yojna (DDUGJY) and Integrated Power Development Scheme (IPDS) is proposed at Rs 11,485 crore for the next fiscal compared to revised estimate of Rs 11,322 crore for 2017-18.

The total expenditure of the Ministry of Power is proposed at Rs 15,046.92 crore for 2018-19 which is higher than Rs 13,881.14 crore budgeted for this fiscal. It has been revised to Rs 14,914.93 crore for this fiscal.