NEW DELHI: Large public sector companies spent a little over Rs 502 billion on capital expenditure in April FY25 alone, which is almost 6.5 per cent of their entire fiscal target of nearly Rs 780 crore, an official said.
Although growth was lower than Rs 54,177 crore Capital expenditures Expenditure in April FY24 was approximately 7.3% of the full-year budget target of over Rs 740 crore. expenditure Will keep going. Furthermore, the April figures remain provisional and will rise in the revised final figures,” the official said.
Capital expenditure in the first month of financial year 2024-25 will be mainly comprised of railways, roads and oil and gas industry.this indian railways In April, departmental public institutions spent Rs 26,641 crore, followed by National Highways Authority of India (NHAI) is Rs 6,645 crore. Among PSUs in the oil and gas industry, indian oil and gas corp. In the first month of this fiscal year, Indian Oil Corporation (IOC)’s capital expenditure was Rs 2,318 crore and capital expenditure was Rs 2,423 crore.
Hindustan Petroleum Corporation and Bharat Petroleum Corporation spent Rs 1,155 crore and Rs 4.17 billion respectively in April.
Power sector PSU NTPC spent Rs 2,083 crore.
The finance ministry tracks capital expenditure by public sector undertakings (PSUs) with an annual investment target of more than Rs 100 crore. The Interim Budget 2024-25 has set a cumulative capital expenditure target of over Rs 900 crore for all public sector undertakings.
Of this, capital expenditure worth about Rs 780 crore will be spent by PSUs with annual capital expenditure targets exceeding Rs 100 crore. 2023-24, Large power supply Capital expenditure expenditure was around Rs 810 crore, exceeding the budget target of over Rs 740 crore.
Although growth was lower than Rs 54,177 crore Capital expenditures Expenditure in April FY24 was approximately 7.3% of the full-year budget target of over Rs 740 crore. expenditure Will keep going. Furthermore, the April figures remain provisional and will rise in the revised final figures,” the official said.
Capital expenditure in the first month of financial year 2024-25 will be mainly comprised of railways, roads and oil and gas industry.this indian railways In April, departmental public institutions spent Rs 26,641 crore, followed by National Highways Authority of India (NHAI) is Rs 6,645 crore. Among PSUs in the oil and gas industry, indian oil and gas corp. In the first month of this fiscal year, Indian Oil Corporation (IOC)’s capital expenditure was Rs 2,318 crore and capital expenditure was Rs 2,423 crore.
Hindustan Petroleum Corporation and Bharat Petroleum Corporation spent Rs 1,155 crore and Rs 4.17 billion respectively in April.
Power sector PSU NTPC spent Rs 2,083 crore.
The finance ministry tracks capital expenditure by public sector undertakings (PSUs) with an annual investment target of more than Rs 100 crore. The Interim Budget 2024-25 has set a cumulative capital expenditure target of over Rs 900 crore for all public sector undertakings.
Of this, capital expenditure worth about Rs 780 crore will be spent by PSUs with annual capital expenditure targets exceeding Rs 100 crore. 2023-24, Large power supply Capital expenditure expenditure was around Rs 810 crore, exceeding the budget target of over Rs 740 crore.
