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Experts predict Budget to boost clean energy investments with new measure

Business Standard LogoBusiness Standard5h ago

Experts predict Budget to boost clean energy investments with new measure - Business Standard

Quick Summary:

The government is expected to announce a slew of measures in the full Budget for fiscal year 2024-25 to promote investments in the renewable energy space, experts say.

"We expect policy measures to incentivise, and to encourage investments in (battery) storage groups," Girishkumar Kadam, Senior Vice President & Group Head - Corporate Ratings, ICRA Ltd said.

Their expectation is that the government may announce policy-related measures, viability gap funding (VGF) and incentive schemes for the clean energy industry, the experts said.


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Category: BusinessFinance

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Published On: 2024-07-17 @ 17:06:33 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 604 words

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Copyright Owner: © Business Standard

News ID: 21663813

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