TAG: "budget"

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Australian Budget 2024: Government Unveils Plans to Drive Renewable Energy Investments

The budget outlines plans to unlock over USD 65 billion in investment for renewable capacity through the Capacity Investment Scheme by 2030.

Budget | May 16, 2024 | By Abha Rustagi | 1645

4,000 MWh Battery System Set to Cut 1.3 MMT of CO2 Annually: Union Minister

The scheme, slated for approval over a three-year period from 2023-24 to 2025-26, will see the disbursement of funds in five tranches extending up to the fiscal year 2030-31.

Budget | December 06, 2023 | By Abha Rustagi | 1447

Government Mulls INR 50,000 Crore Rooftop Solar Push for 1 Crore Homes

Key industry players such as NTPC, Tata Power, and Adani Power are likely to play a pivotal role in the execution of this initiative, given their expertise in the power sector.

Budget | December 05, 2023 | By Abha Rustagi | 2106

Kerala's Green Drive: INR 12,400 Cr for Transport, INR 90 Cr for Hydrogen

The INR 90 crore budget for the green hydrogen valley project is slated to establish three hydrogen valley platforms.

Budget | December 04, 2023 | By Abha Rustagi | 1547

Siemens Limited Reports 80% Increase in Profit for Q1 FY 2023

Siemens Limited reports 80% YoY increase in Profit after Tax from continuing operations at Rs. 438 crore for Q1 FY2023, driven by higher volumes, better price extraction, and positive forex & commodity effects.

Budget | February 14, 2023 | By News Bureau | 2271

India Allocates INR 297 Crore for National Green Hydrogen Mission in Union Budget 2023

The Budget 2023 has earmarked INR 297 crore for the first year of the National Green Hydrogen Mission. In January this year, the union government approved an initial outlay of INR 19,744 crore, out of which INR 17,490 crore will be for the PLI scheme for producing green hydrogen and electrolysers.

Budget | February 01, 2023 | By News Bureau | 2588

Green Bonds will Massively Support India’s Renewable Energy Sector Growth: Report

As India’s renewable energy sector growth continues to outpace all other global economies, as shown in a new report by the Institute for Energy Economics and Financial Analysis (IEEFA),the Budget announcement on issuing green bonds–which are among the most widely used instruments for funding green infrastructure – will massively support this trajectory.

Budget | February 05, 2022 | By News Bureau | 2525

India Inc Evaluates FM Nirmala Sitharaman’s Green Budget 2022 as Growth Oriented

After providing much-awaited clarity on the implementation of the Basic Customs Duty (BCD) on import of solar PV cells and modules from April 01, 2022, proposing additional Rs 19,500 crore outlay for module manufacturing etc, Finance Minister Nirmala Sitharaman, via her Budget, has provided a number of reasons to indigenous PV makers to celebrate.

Budget | February 02, 2022 | By Manu Tayal | 4689