Budget 2019

Budget 2019: Solar Sector Gets Only 1.1% Increase in Allocation

After the revised estimation of last year’s budget allocation is taken into account, this year’s budget has seen a rise of just over a percent for the solar sector The union budget for 2019-20 has provided for a budgetary allocation of Rs 3,004 crore for the solar power sector, including both grid-interactive and off-grid projects, […]

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Union Budget Envisions India as Global Hub for Manufacturing EVs

The Union Budget has outlined various proposals for boosting manufacturing of EVs and developing India as a global hub. The Union Budget has outlined various proposals for giving a boost to the manufacturing of electric vehicles (EVs) and developing India as a global hub for the same. Finance Minister Nirmala Sitharaman has presented the union […]

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The Big Moves in Budget 2019

Less than an hour after Finance Minister Nirmala Sitharaman’s first budget speech, it appears that it is not a bad budget at all for the renewables and EVs. Less than an hour after Finance Minister Nirmala Sitharaman’s first budget speech, it appears that it is not a bad budget at all for the renewables and […]

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Budget 2019 Live: Big Boost for finance, solar manufacturing and EV’s in Budget

As Finance Minister N Sitharaman presents her first budget 2019 in parliament today, track the news live for anything relevant to solar, renewables and electric mobility. Sumant Sinha, CMD, Renew Power, has already drawn up a wishlist. As India awaits the #UnionBudget2019 tomorrow, our CMD @sumant_sinha shares 7 areas where the #budget can make a […]

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Economic Survey: Emphasise on EVs, Supporting Policies to Reduce Total Ownership Cost

The country must emphasise on EVs and appropriate policy measures to lower the overall lifetime ownership cost, according to the latest Economic Survey The country must emphasise on electric vehicles (EVs) as these represent the next generation in sustainable mobility and appropriate policy measures are needed to lower the overall lifetime ownership cost to make them […]

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Budget 2019: Solar Industry Seeks Quick Reforms from Modi 2.0

When the Narendra Modi-led National Democratic Alliance government was voted back to power in a landslide victory in the recently concluded general polls, expectations of the corporate world and especially from the renewable industry grew mile high from the Union Budget 2019 which will be presented on 5th July. Now with the continuation of the […]

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