Mr Ishan Chaturvedi, Co founder, Vareyn Solar Pvt. Ltd.
The budget is working towards incentivising clean and renewable energy which is great for the sector. To ensure accelerated adoption of solar energy, the minister announced that the government will support about 1 crore households under the rooftop solarisation scheme. This will help these households save up to 15000-18000 in a year.
In addition to this to meet the commitment for net zero by 2070 viability gap funding will also be provided for harnessing off shore wind for initial capacity or 1 gigawatt. The focus is on becoming Atma Nirbhar and reduce our country’s dependency on the export of natural gas. The budget had laid down a growth conducive environment for the renewable energy sector.
Mr Aditya Poonia, Founder, Etrica Power
The budget aims to promote clean and renewable energy, particularly through encouraging the adoption of solar power. The government plans to support approximately 1 crore households in implementing rooftop solarisation, leading to potential savings of 15000-18000 annually. Additionally, to fulfill the commitment to achieve net zero by 2070, the budget allocates viability gap funding for the initial capacity of 1 gigawatt in offshore wind harnessing. The emphasis is on achieving self-reliance and diminishing the country’s reliance on natural gas exports, fostering a growth-friendly environment for the renewable energy sector.
The budget aims to promote clean and renewable energy, particularly through encouraging the adoption of solar power. The government plans to support approximately 1 crore households in implementing rooftop solarisation, leading to potential savings of 15000-18000 annually. Additionally, to fulfill the commitment to achieve net zero by 2070, the budget allocates viability gap funding for the initial capacity of 1 gigawatt in offshore wind harnessing. The emphasis is on achieving self-reliance and diminishing the country’s reliance on natural gas exports, fostering a growth-friendly environment for the renewable energy sector.
