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.