The pace of capital expenditure has been slow this fiscal year despite the government having budgeted moderate 17.1% growth, against an average increase of nearly 30% between FY21 and FY24.
Investment in renewables within the RRA's coverage area is projected to exceed $26 billion in 2024, according to utilities that provided a breakdown of their capex spending totals by segment.
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The Union government’s capital expenditure (capex) continues to be a cause for concern. Of course, the extent of its decline has reduced somewhat — from 35 per cent at the end of the first quarter of ...