budget

State Budget: Kerala to be Home to Hydrogen Train, EV Industrial Park

Presented by Finance Minister of K.N. Balagopal, the Budget made significant announcements on renewable energy, Green Hydrogen and electric vehicles. The Budget sets sights on initiatives for the establishment of green hydrogen hubs in Kochi and Thiruvananthapuram. The timeline for the achievement of these is over the next two years. An outlay of Rs 200 […]

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Government to come up with ‘Incentives’ for Battery Swap in Two Months

The run for renewables and decrease the carbon footprint looks quite robust as too much is happening this week. Just as Finance Minister had declared a battery swapping scheme in the Union Budget to promote faster adoption of electric vehicles (EV), government sources are saying that the concerned department is about to finalise the incentives […]

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The Big Moves in Budget 2019

Less than an hour after Finance Minister Nirmala Sitharaman’s first budget speech, it appears that it is not a bad budget at all for the renewables and EVs. Less than an hour after Finance Minister Nirmala Sitharaman’s first budget speech, it appears that it is not a bad budget at all for the renewables and […]

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Solar Industry Seeks Manufacturing Incentives in New Budget

AISIA in its pre-budget recommendations has called for the inclusion of incentives such as subsidies for power, capital, etc in the new budget. The All India Solar Industries Association (AISIA) in its pre-budget recommendations has called for the ministry of finance to include incentives such as subsidies for power, capital, financial support in interest and […]

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Wish List for The Final 2019 Budget

In a year when the country heads for general elections, the renewable sector has reason to look forward to a good final budget, from whoever comes to power. This is because the renewables sector has been an undisputed success story for India, and no government should be doing anything to slow it down. For the […]

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Vikram Solar Slams Arun Jaitley’s Budget 2018 for Solar Sector

The budget 2018 is not very encouraging for the renewable and solar energy sector. The government has missed out on a major opportunity to take a lead towards combating climate change. The government has proposed to take out the import obligation on parts that make up sun powered boards. In his last full budget 2018 […]

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