The Centre could further moderate its divestment target for 2024-25 (FY25), as it does not expect large receipts from asset sales - except some ongoing strategic ones, including IDBI Bank, which could spill over into next financial year. Also, it may drastically reduce its FY24 divestment target of Rs 51,000 crore. We are still evaluating the Budget estimates for FY25. New big-ticket asset sales are unlikely.
"Das highlighted the importance of reducing the cost of Green Hydrogen through investments in research, development, and innovation. These investments aim to identify cost-effective methods for green hydrogen production," it added. He also advocated for leveraging economies of scale in transportation (including pipeline and liquefaction) and storage facilities by establishing hydrogen hubs.