union-budget

thumbnail
Budget 2024 Highlights: Free Electricity Via Rooftop Solar, VGF for Offshore Wind

Union Finance Minister Nirmala Sitharaman unveiled key measures during the presentation of the 2024 interim budget, signaling a significant push towards sustainable...

February 1, 2024

/

Arjun Joshi

/

Other

,

Renewable Energy
thumbnail
Waste-to-Wealth Initiative GOBARdhan Goes Digital with Launch of Portal

The Union government has launched the unified registration portal for GOBARdhan, with the aim of streamlining the process of setting up compressed biogas CBG/Biogas...

June 2, 2023

/

Gautamee Hazarika

/

Biofuel

,

Other

,

Renewable Energy
thumbnail
Over 200,000 Farmers Have Benefited from PM-KUSUM: Power Minister

The Minister of Power R.K. Singh told the Parliament that the Pradhan Mantri Kisan Urja Suraksha evam Utthan Mahabhiyan (PM-KUSUM) program has benefited over 200,000...

March 29, 2023

/

Gautamee Hazarika

/

Other

,

Renewable Energy
thumbnail
Daily News Wrap-Up: Union Budget 2023 Focuses on Green Energy Transition

The Union Finance Minister Nirmala Sitharaman laid out an expansive budgetary outlay for expediting green transition as she identified ‘Green Growth’ as one of the seven...

February 2, 2023

/

Mercom Staff

/

Daily Wrap-up
thumbnail
EV Makers Expect Tax Cuts and Incentives in Budget 2023

The Indian electric vehicle (EV) industry is hoping for the government to rationalize the indirect tax structure on EV components and extend the rollout of incentives...

thumbnail
Government to Raise ₹160 Billion via Green Bonds in the Current Fiscal Year

The government will issue ₹160 billion (~$1.9 billion) worth of sovereign green bonds (SGB) in the last quarter of the current fiscal year (FY2022-23) to raise funds for...

January 4, 2023

/

Sumit Jha

/

Markets & Policy

,

Other

,

Renewable Energy
thumbnail
Tariffs, Tax Breaks, & Incentives: Solar Sector Has Big Expectations from Budget 2022

India is looking at some large capacity additions in the years ahead to reach the target of 300 GW of solar by 2030. The country’s cumulative installed solar capacity at...

January 28, 2022

/

Rakesh Ranjan

/

Mercom Research Focus

,

Other
thumbnail
Budget 2021 Receives Mixed Reactions from Energy Sector Stakeholders

The 2021-22 Budget tabled in the Parliament by the Finance Minister, Nirmala Sitharaman, has received a mixed response from stakeholders in the energy sector. While the...

February 3, 2021

/

Rahul Nair

/

Mercom Research Focus

,

Other
thumbnail
Budget 2021 Sets Aside ₹10 Billion for SECI, Increases Customs Duty on Solar Inverters

Union Finance Minister Nirmala Sitharaman presented the 2021-22 budget in the parliament in the backdrop of a falling economy crushed by the COVID-19 pandemic. The...

February 1, 2021

/

Rahul Nair

/

Markets & Policy

,

Solar
thumbnail
News Highlights from India’s Renewable Energy Sector in July 2019

The month of July was filled with significant happenings in all segments of the renewable industry. While the biggest event of the month was the introduction of the...

August 8, 2019

/

Anjana Parikh

/

Markets & Policy

,

Solar
thumbnail
In a Boost to Electric Mobility, India Slashes GST on Electric Vehicles from 12% to 5%

In a positive development towards increasing electric mobility in the country, the government has cut the applicable rate of Goods and Services Tax (GST) on electric...

July 29, 2019

/

Ramya Ranganath

/

Electric Vehicles

,

Market & Policy
thumbnail
Budget 2018-19: A Disappointing Budget for Solar and Renewable Energy Sector

The much-anticipated Union Budget 2018-19 was tabled in parliament on 1 February 2018 by Finance Minister Arun Jaitley. However, the new budget for the coming financial...

February 1, 2018

/

Saumy Prateek

/

Markets & Policy

,

Solar
thumbnail
Economic Survey 2018 Calls for Review of Subsidies for India’s Green Energy Sector

Concerns about tumbling tariffs and frequent Power Purchase Agreement (PPA) renegotiations were just a few of the items highlighted by the Economic Survey 2018, which...

January 30, 2018

/

Ankita Rajeshwari

/

Markets & Policy

,

Solar
thumbnail
2017-18 Budget a Disappointment for the Indian Renewable Energy Sector

Overall, India’s 2017-18 budget is a disappointment for renewable energy sector. There were no major subsidies or incentives announced. There had been hope that...

February 2, 2017

/

Raj Prabhu

/

Markets & Policy

,

Other

1

...

1