Clean Energy - SmartEnergy

Industry Reacts to Budget 2024: Clean Energy Leaders Weigh In

25Jul

By Editorial TeamNo Comments

Industry Updates, Must Read, RE Industry Updates

Industry Reacts to Budget 2024: Clean Energy Leaders Weigh In

The Union Budget 2024 has sent a strong signal with a slew of announcements and initiatives aimed at accelerating India's transition to a low-carbon economy. As the dust settles, industry leaders and experts are weighing in on the budget's implications for the clean energy sector. From the extension of customs duty exemptions on critical minerals to the push for pumped storage projects, the budget has sparked a mix of optimism and caution among stakeholders. In this article, we gather reactions from the clean energy industry, as they share their thoughts on the budget's impact on their businesses, the sector's growth prospects, and the road ahead for India's sustainable future. Amit Jain, Global Chief Executive Officer - Sterling and Wilson Renewable Energy Group As a leader in ...

Empowering the Future: Budget 2024’s Focus on Employment, Skilling, and Sustainable Growth

The Union Budget 2024 has been unveiled, and it's clear that the government is committed to driving economic growth, employment, and skilling opportunities for the nation's youth. The budget outlines a comprehensive plan to facilitate employment, skilling, and other opportunities for 4.1 crore youth over the next five years, with a central outlay of ₹2 lakh crore. This article will delve into the 13 key points that highlight the government's priorities and initiatives to achieve sustainable growth. Employment and Skilling The budget allocates ₹1.48 lakh crore for education, employment, and skilling, with a focus on upskilling 20 lakh youth over the next five years. To achieve this, 1,000 Industrial Training Institutes will be upgraded in hub and spoke arrangements, with course conte...

Anticipating Budget 2024: Industry Leaders Outline Key Expectations for Clean Energy and E-Mobility

As the Union Budget 2024-25 approaches, anticipation is mounting within the clean energy and e-mobility sectors. Industry leaders are eagerly awaiting policy announcements that could significantly drive forward the adoption of sustainable technologies in India. From enhancing financial support for electric vehicle (EV) adoption and expanding charging infrastructure, to providing incentives for local solar cell manufacturers and continuing robust subsidy schemes, the expectations are high. The following article summarizes the key expectations from various industry leaders, highlighting their insights and hopes for transformative initiatives in the upcoming budget. These perspectives shed light on the critical areas where government action can accelerate India’s journey towards a greener, m...