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The Economic Times

Investment / The Economic Times

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Cabinet nod sought to extend power fund for 5 years

The power ministry is pursuing Cabinet approval for continuing the Power System Development Fund in upcoming finance cycles. The fund supports essential projects for enhancing the reliability and stability of Indias electricity grid. An allocation of around 1,103 crore has been earmarked for the fund in the union budget for FY27. Reports indicate that India needs enhanced systems to manage its increasing renewable energy capacity.

13 Oct 2026 1:31 am