Budget 2025: Clean energy tech focus amid transition
India's government supports clean technologies to enhance domestic value addition and create an ecosystem for solar cells, EV batteries, turbines, and high-voltage transmission equipment amid rising electricity demand and global supply challenges....
Transmission systems equipment has been in focus as India faces huge electricity demand and renewable energy integration amid global supply challenges in the segment.
Clean technologies are seen playing a critical role in India's energy transition and its ambitious target of having 50% of non-fossil fuel-based power by 2030.
The policy measures will drive capacity expansion, fortify supply chains, and position India as a global leader in clean energy manufacturing, according to Amit Paithankar, whole-time director and CEO, Waaree Energies.- Team ET
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