The upcoming 2024-25 Union Budget in India is set to prioritize the promotion of investments in renewable energy, storage, and transmission networks, according to experts. The Finance Minister is expected to announce policy measures, viability gap funding, and incentive schemes to support the growth of the clean energy industry. Recommendations include providing concessional tax rates on carbon and Renewable Energy Credits, along with hydrogen purchase obligations for sectors like refinery and fertiliser to stimulate domestic demand. Additionally, calls have been made for exemptions and refunds on indirect taxes to reduce costs for the Green Hydrogen sector, such as through the refund of GST on capital goods used in generating power for Green Hydrogen projects. The focus on green growth and energy transition highlights the government's positive intentions towards promoting sustainable practices in the energy sector.