Central public sector enterprises complete 51% of FY27 capex target in April-September

Key facts

• Central public sector enterprises (CPSEs) achieved 51% of their FY27 capital expenditure target of ₹8.43 trillion, spending around ₹4.30 trillion during April-September, a rise of nearly 12% year-on-year.
• Capex by 63 CPSEs tracked by the Department of Public Enterprises (DPE) fell 17% year-on-year in September to ₹93,636.13 crore.
• The Railway Board spent ₹1.88 trillion, achieving 64% of its annual target, while the National Highways Authority of India (NHAI) incurred capex of ₹85,228 crore, nearly 46% of its FY27 target.
• ONGC recorded capex of ₹14,552 crore in the first half, ranking among the top five CPSEs with nearly 49% of its annual target achieved.
• The Centre has set a FY27 capital expenditure target of ₹12.22 trillion and spent ₹5.10 trillion during April-August, achieving nearly 42% of the annual target.