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India's Energy Transition Pathway: Budget 2024

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By Rediff Money Desk, New Delhi   Jul 23, 2024 11:56

Finance Minister Nirmala Sitharaman outlines India's energy transition plan in the Budget 2024, focusing on pump storage, thermal power, and solar energy initiatives.
India's Energy Transition Pathway: Budget 2024
Photograph: PTI Photo from the Rediff Archives
New Delhi, Jul 23 (PTI) The government will come out with a document on energy transition pathway, Finance Minister Nirmala Sitharaman said on Tuesday.

A policy to support pump storage projects will be brought to provide round-the-clock energy, she said while presenting Budget for 2024-25 in the Lok Sabha.

The finance minister said state-owned enterprises NTPC and BHEL in joint venture will set up 800 MW super critical thermal power plants with higher efficiency.

Further, she said PM Surya Ghar Muft Bijli Yojana generated remarkable response with 1.8 crore people registering under it.
Source: PTI
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