Tag: Budget 2025 Nirmala Sitharaman

Budget 2025 for Energy Sector

Budget 2025 for Energy Sector

Sanjib Roy Feb 1, 2025 150

PR Newswire:

By fostering domestic value addition in solar PV cells, EV batteries, motors, controllers, electrolyzers, wind turbines, high-voltage transmission equipment, and grid-scale batteries, the budget strengthens India’s clean energy ecosystem. The inclusion of 35 additional capital goods for EV battery manufacturing is a significant boost to domestic lithium-ion battery production, a critical component for the EV sector.

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