Newsletter/Booklets 23rd Jul 2024

Budget Buzz – Infrastructure

Authors

Sujjain Talwar Partner | Mumbai
Megha Agarwal Associate Partner | Mumbai
Pranaav Gupta Associate | Mumbai

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In our Budget Buzz, our team has shared some updates from the recently announced Union Budget 2024 which impact India’s energy security.

Key highlights include:

  • Offshore mining
  • Launch of Critical Mineral Mission
  • Launch of Pumped Storage Policy
  • Integration of nuclear energy in India’s energy mix
  • PM Surya Ghar Muft Bijli Yojana which aims to commission 7500 MW of grid connected solar rooftop capacity by the year 2024-25.

Please do give it a read and let us know your thoughts

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