PSUs expect 10-12% capex budget rise in 2026
pre-market1 source ↓written by the desknot a recommendation
- in their capital
- 10-12% increase
- for LNG distribution
- ₹30,000 cr
- of their
- 54%
- capex target
- ₹1.32 lakh cr
Public Sector Undertakings (PSUs) anticipate a 10-12% increase in their capital expenditure budget for FY 2026, driven by government plans to reduce stakes. Oil PSUs, including ONGC, HPCL, and BPCL, aim to utilize ₹30,000 cr for LNG distribution and have achieved 54% of their ₹1.32 lakh cr capex target in just seven months. This growth aligns with the Make in India initiative and is expected to enhance dividend payouts significantly.
Not investment advice. For informational purposes only.