Posts tagged Source: S&P Global
India's interim budget for 2024-25 proposes incentives for wind, solar, biofuels growth

S&P Global reports: India's interim budget for 2024-25 unveils significant incentives for renewable energy, showcasing the country's commitment to decarbonization. The budget includes measures such as viability gap funding for offshore wind, a rooftop solar plan providing 300 kWh/month of free power to households, and a scheme for biogas blending in natural gas for transport. "The move to provide electricity through rooftop solarization stands out as a dual-benefit initiative," Bhammer said. "It not only lessens environmental impact  but also alleviates financial burdens on households…

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