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The government has proposed to increase total investment by the nine state-owned power sector firms by nearly 19 per cent to ₹1,01,762.92 crore in 2026-27 compared to the previous fiscal year.
According to the Budget document, the Revised Estimate (RE) of investment by these nine firms is pegged at ₹85,828.93 crore for 2025-26 while the budgeted estimate (BE) was ₹86,138.48 crore.
State-owned power giant NTPC’s investment will be hiked to ₹31,000 crore in the next fiscal year from RE of ₹29,000 crore and BE of ₹26,000 crore in 2025-26.
Similarly, the investment by Power Grid Corp will be raised to ₹37,000 crore in the next fiscal year from RE of ₹28,000 crore and BE of ₹25,000 crore.
The investment by SJVN Ltd will be ₹9,416 crore in FY27 as against RE of ₹7,500 crore and BE of ₹12,000 crore in FY26. The investment by NHPC will also go up to ₹14,323.49 crore in the next fiscal year from RE of ₹12,478.32 crore and BE of ₹13,000 crore.
The investment by Damodar Valley Corporation Ltd will be ₹5,553 crore in FY27, up from RE of ₹3,394 crore and BE of ₹3,394.83 crore for FY26.
North Eastern Electric Power Corporation Ltd will invest ₹1,959.37 crore in the next fiscal year as against RE of ₹1,500 crore and BE of ₹2,600 crore.
However, the investment by Tehri Hydro Development Corporation Ltd has been reduced to ₹2,385.05 crore for 2026-27 from RE of ₹3,543 crore. Its investment as per the BE was ₹3,543.65 crore.
Chenab Valley Power Projects’ investment for the next fiscal year was also reduced to ₹1 lakh from the RE of ₹303.61 crore and BE of ₹300 crore in 2025-26.
Power System Operation Corporation Ltd investment will be ₹126 crore in the next fiscal year as against RE of ₹110 crore and BE of ₹300 crore.
The Ministry of Power budget is proposed to be increased to ₹29,996.85 crore for 2026-27 from the RE of ₹21,587.66 crore and BE of ₹21,847 crore this fiscal.
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