Emphasise on green transition to boost India's position as clean energy leader
Girish Tanti, Vice Chairman, Suzlon said by strengthening Aatmanirbhar Bharat across manufacturing and agriculture, with a focus on clean tech, wind, solar, EV, and battery storage, the budget aims to accelerate self-reliance in wind and solar manufacturing.
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Pratik Agarwal, Managing Director, Sterlite Power and Chairman, Serentica Renewables, said there is continued focus on domestic manufacturing of generation and storage equipment, there is new-found mention of high-voltage transmission equipment. Given that there are global deficits in this product category, focusing on this sub-segment is a very sound move.
Goldi Solar Managing Director Ishver Dholakiya said the National Manufacturing Mission's targeted support for all renewable energy sources is a welcome move, as it reinforces India's commitment to a level playing field and ambitious energy goals. Tax related announcements will increase public spending and enhance savings across sectors including renewable energy.
Atanu Mukherjee, CEO, Dastur Energy said the focus on intra-state transmission expansion and financial incentives' allowing states to borrow an additional 0.5 per cent of GSDP linked to power sector reforms' will directly enhance grid reliability, reduce transmission losses, and improve power distribution
