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Budget a watershed moment in India's clean energy transition: Experts

Business Standard LogoBusiness Standard6h ago

Budget a watershed moment in India's clean energy transition: Experts - Business Standard

Quick Summary:

Industry experts hailed steps for boosting clean energy like nuclear mission, incentives for critical minerals and renewable equipment in the Budget presented on Saturday by Union Finance Minister Nirmala Sitharman.

Sitharaman announced a Rs 20,000-crore nuclear mission and duty exemptions for crucial minerals and capital goods for electric vehicles to step up energy transition.

Rajat Verma, Founder & CEO, LOHUM said, The 2025 budget marks a watershed moment in India's journey toward clean energy sovereignty and circular economy leadership.


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Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-02 @ 17:07:17 (6 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 855 words

Reading Time: 5 minutes read

Sentences: 28 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25723076

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 153 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

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Publisher ID: #49

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