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Tata Power on Monday said it is aiming for a capex of Rs 25,000 crore in the current fiscal year and will look to maintain the same annual spend till FY30. As per an investor presentation, 65 per cent of the capex is aimed at clean energy projects. Tata Power, which made a capital expenditure (capex) of Rs 17,273 crore in FY25, almost doubled the same to Rs 25,000 crore in FY26. The total capex estimated between FY26 and FY30 is Rs 1.25 lakh crore with Rs 25,000 crore spent annually, as per the presentation. In an interaction, Sinha said, "We are well poised to achieve our aspirations." In the power generation segment, the company had a thermal capacity of 15.7 GW in FY25, which it looks to scale up to 30 GW by FY30, he said. "From 7 GW of clean and green capacity, we aim to increase it to 20 GW almost three times by March 2031," Sinha said. The capacity of transmission lines both operational and under-construction stood at 7,047 circuit kilometres (ckm) as of FY25. The same wil
Adani Energy Solutions (AESL) has planned up to Rs 18,000 crore capital expenditure, including Rs 6,000 crore already spent on various projects, in the current fiscal year, a senior official said during an earnings call. Replying to a question of capital expenditure on a consolidated basis, AESL CEO Kandarp Patel said, "For the full year, we will do about Rs 11,400 crore in transmission, Rs 1,600 crore in distribution and Rs 4,000 crore in smart metering. So, in smart metering, we'll add about Rs 2,000 crore. In distribution, we'll add about Rs 1,100 crore in the second quarter. And in transmission, we'll add about Rs 8,000 crore in the second quarter." He said the total capex will be of the order of Rs 17,000-18,000 crore and Rs 6,000 crore has been spent so far. Of the Rs 6,000 crore already spent, Rs 3,350 crore was on transmission, about Rs 700 crore in distribution and about Rs 2,000 crore in smart metering. Patel said the company will have a capex of about Rs 10,000 crore for
The government is ready with another Rs 47,000 crore capex plan to boost BSNL's network, the Department of Telecom said on social media platform X on Thursday. BSNL has spent Rs 25,000 crore in the last year for installing 1 lakh towers for 4G mobile services. "We have another close to Rs 47,000 crore capex plan in place for BSNL. Meanwhile, BSNL has done its highest-ever capex of Rs 25,000 crore during last year," the DoT said, quoting Union Telecom Minister Jyotiraditya Scindia. IT firm TCS and a C-DoT-led consortium had bagged the majority of the Rs 25,000 crore project for the supply of telecom gear to BSNL. Scindia has asked state-run telecom firm BSNL to add customers and grow its mobile service business by 50 per cent over the next year. During a review meeting with BSNL's circle and business unit heads last month, Scindia asked each unit to increase enterprise business by 25-30 per cent and fixed line business by a minimum of 15-20 per cent. The minister has asked BSNL to