Budget Emphasis on Renewable Energy and Infrastructure for Energy Transition
Key Ideas
- Emphasis on infrastructure needed in the budget with a focus on renewable energy, green hydrogen, discoms, and electric vehicles.
- Fiscal and policy steps are expected to be aligned with the goals of infrastructure development and energy transition.
- Renewable energy generation is highlighted as a key aspect for the future.
- Deepto Roy from Shardul Amarchand Mangaldas and Co stresses the importance of sustainable energy practices in the budget.
In an interview with Fortune India, Deepto Roy, a Partner at Shardul Amarchand Mangaldas and Co, emphasized the significance of infrastructure development in the upcoming budget. Roy stressed the need for a continued focus on renewable energy, green hydrogen, distribution companies (discoms), and electric vehicles. He expressed his expectations for fiscal and policy measures that align with the twin objectives of enhancing infrastructure and facilitating the energy transition. He specifically highlighted the importance of renewable energy generation in achieving these goals. Roy's remarks underscore the growing momentum towards sustainable energy practices and the critical role that the budget can play in promoting a greener future.