M&A

M&A

Govt expects Rs.39,832-Cr from sale of power generation assets by FY25

Economic Times  

The Union government's think tank NITI Aayog has valued state-owned power generation assets at INR 39,832 crore which can be monetised by the financial year 2025. Finance Minister Nirmala Sitharaman on Monday announced an INR 6 lakh crore National Monetisation Pipeline (NMP) that will look to unlock value in infrastructure assets across sectors ranging from power to road and railways. The assets considered for monetisation over FY 2022-25 aggregate to 6.0 gigawatt (GW). Out of which, about 3.5 GW is from hydel assets and about 2.5 GW is renewable energy (RE) assets which includes solar and wind. The asset base considered for monetisation constitutes about 6% of the total generation capacity under central PSUs. Key entities whose assets have been considered are NHPC, NTPC and SJVNL who own bulk of the hydel assets and NTPC (under Ministry of Power) and NLC (under Ministry of Coal) that own renewable assets.