.. Why Budget 2022 Was A Watershed For India's Renewable Energy Sector
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22 Feb 2022

Summary

  • The Union Budget 2022-23 was tabled by the Finance Minister on 1 February 2022 with certain key goals which included energy transition & climate action and financing of investments. It was expected that the Budget would be the foundation for India’s ambitious energy transition commitments made at the 26th Conference of Parties (COP) held in November 2021. The key stakeholders of the industry also looked forward to clarifications with respect to proposed increase in imposition of customs duty on solar modules and cells. Further, an increase in the budgetary outlay for the Production Linked Incentive Scheme - ‘National Programme on High Efficiency Solar PV Modules’ (PLI Scheme) was awaite......

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