17 PSUs commit to Rs 1.63 lakh cr investment

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The total Capital available with Central Public Sector Enterprises (CPSEs), at present which could be invested is the Cash and Bank balance, as indicated in the PE Survey (2010-11) stand at Rs. 284153.22 crore, subject to the requirements of the CPSEs for working capital requirements and unforeseen expenditures.

In a meeting under the Chairmanship of Principal Secretary to the Prime Minister, 17 CPSEs committed for investments of Rs 1,63,847 crore 2012-13 . These included ONGC that has proposed Rs 40,975 crore, SAIL 14,500 crore, NTPC and OIL was Rs 20,995 crore and Rs 10,378 crore, respectively.

The above information was given by the Minister for Heavy Industries & Public Enterprises Shri Praful Patel to the Parliament.


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