APT Translations

The Budget 2024 this year focussed on boosting India’s green growth, announcing a bouquet of schemes and incentives to facilitate faster energy transition, Finance Minister Nirmala Sitharaman in her speech did focus on rooftop solarisation to ensure free electricity to households.

According to Aniruddh Agrawal, Business Development Manager at Airox Nigen Equipments, a Gujarat-based green hydrogen technology company, the allocation is a significant increase from last year’s allocation.

Vikram Solar CMD Gyanesh Chaudhary said, "The Budget is a catalyst for the growth of the Indian solar industry, empowering millions of households with access to affordable and clean electricity."

"The budget will empower every section of society and take poor farmers on the path to prosperity," Modi said, emphasizing its reach and impact on the nation's 25 crore people previously elevated from poverty.

These initiatives are designed to facilitate India's transition to a more sustainable energy landscape, ensuring that the country's economic expansion remains robust while addressing the critical challenges of climate change.

In the annual economic survey, Nageswaran said it is morally wrong to ask developing countries to abandon their aspirations for better living standards to allow developed countries to maintain their lifestyles in cleaner environments and cooler climates.

The giant, solitary wind turbine towers improbably over the tiny city of Tucumcari, just a half hour drive from the Texas border along the historic Route 66 highway.

During the first quarter, the company's revenue from operations rose four-fold to Rs 567.6 crore from Rs 113.1 crore in the year-ago quarter.

FM announced the launch of PM Suryaghar Muft Bijli Yojana in the Interim Budget, aimed at installing rooftop solar panels to enable one crore households to obtain free electricity up to 300 units each month.

Sitharaman said the government will bring out a policy document on appropriate energy transition pathways that balances the imperatives of employment, growth and environmental sustainability.