Finance Minister Nirmala Sitharaman on Thursday said Pradhanmantri Suryodaya Yojana will enable one crore families to get up to 300 units of free electricity monthly and help them save up to Rs 18,000 annually. There is provision of Rs 10,000 crore for rooftop solar (scheme) in the Budget, said finance secretary T V Somanathan in press conference on Budget later in the day.
Earlier in the day Sitharaman in her interim Budget speech said through rooftop solarisation, one crore households will be enabled to obtain up to 300 units of free electricity each month.
The announcement regarding offshore wind projects has to translate into a specific plan and then Ministry of New and Renewable Energy (MNRE) will have to call for bids. Besides, even though there was no mention of green hydrogen in the budget, a lot of things are actually happening outside of the budget.
FM says Rs 10,000 cr budgeted for rooftop solar scheme, 1 cr families to save Rs 18,000 cr a year devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
Solar, wind gain big in green economy push financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
The interim budget in India, set to be presented on 1 February, may include revisions in taxes and duties on battery energy storage systems and green hydrogen supply chain components. This move would provide a boost to the growth of these sectors.