PM Modi said a big sector is waiting for green jobs and that’s the reason why many people have termed it a green budget New Delhi: Prime Minister Narendra Modi on Wednesday said that the union budget for FY23 will not only ensure green growth but also generate green jobs. Addressing Bharatiya Janata Party workers […]
Grants for renewable energy projects likely in Budget: Reports – EQ Mag Pro
The Budget may see companies being offered grants or viability-gap funding for energy storage projects and offshore wind power plants. To tap the potential of large hydropower projects in the northeast region, the government may announce setting up of new power transmission lines in the budget. To meet the steep emission targets announced by Prime […]
ICRA Suggests Long-Term Finance At Low Rates For Power, Renewables In Budget – EQ Mag Pro
New Delhi : Availability of adequate long-term financing at competitive rates is key in achieving India’s renewable as well as sustainable goals, rating agency ICRA said as part of its pre-Budget expectations report. The Union Budget for FY23 will be tabled in the Parliament on February 1. The rating agency said that incentives and relevant […]
To cut auto emissions, govt will focus on electric vehicle infra, says Sisodia in budget speech
To reduce vehicular pollution in the national capital, the Delhi government on Tuesday proposed to focus on electric vehicle infrastructure in the budget for 2021 To reduce vehicular pollution in the national capital, the Delhi government on Tuesday proposed to focus on electric vehicle infrastructure in the budget for 2021. Finance minister Manish Sisodia said […]
Delhi Budget: Govt allocates Rs 3,090 crore for its power subsidy scheme
New Delhi, Delhi residents will continue to avail subsidy on electricity as the Delhi government allocated Rs 3,090 crore for its Special Electricity Subsidy Scheme on Tuesday. Deputy Chief Minister Manish Sisodia announced a total of Rs 3,227 crore for the energy sector in the budget 2021-22. The Delhi consumers at present get “zero power […]
Budget: Chancellor promises £500m investment in EV charging
EV drivers will never be more than 30 miles away from a fast charger as Chancellor Rishi Sunak promises government support for expanded network Chancellor Rishi Sunak has used his first budget to confirm a range of measures to encourage more of us to buy electric cars and, once we have, ensure we don’t need to worry […]
Budget may offer production incentives for fabless chip cos
New Delhi : The Union Budget 2020 may unveil a scheme on production linked benefits to attract hi-tech manufacturing in semiconductors, and microprocessors to India, apart from giving tax incentives to solar electric charging infrastructure, computers, and servers for its thrust in manufacturing of global products to reduce imports. To make it look more attractive […]
Germany’s Merkel to stick to ‘black zero’ budget
Berlin : German Chancellor Angela Merkel will stick to the principle of black zero in the federal budget that avoided creating new debts for more climate protection measures, government spokesperson Steffen Seibert has announced. Seibert said on Monday that Merkel had never left any doubt that she was “committed” to the goal of a balanced […]
Energy storage, EVs boosted by India Budget
India’s newly appointed finance minister, Nirmala Sitharaman, has unveiled the country’s full-year budget that discussed support for lithium battery and electric vehicle (EV) manufacturing, as well as a focus on solar charging infrastructure for EVs. The budget runs up to 31 March 2020, following prime minister Narendra Modi’s recent thumping victory in the world’s largest […]
Budget 2019: 24×7 quality power with smart infrastructure solutions
Union Budget 2019: Besides energy efficiency, smart infrastructure solutions enhance safety, sustainability and reliability. Budget 2019 India: As scorching summers set electricity demand soaring to record highs, the government has its task cut out in driving energy reforms and policy initiatives. These factors should be significant as the Centre prepares to announce the 2019 Union […]