Infra, energy transition to go hand in hand

Posted on:
Key Points

India's interim budget focuses on supporting infrastructure and energy sectors..

The central government has launched infrastructure development programmes and offers long-term, interest-free capital expenditure loans..

Infrastructure and energy are two crucial enablers of economic progress, and the interim budget announced on February 1 shows that India is focusing strongly on them..

Furthermore, the outlay of 11.11 lakh crore for infrastructure in FY25, the availability of long-term, interest-free capital expenditure loans, and the implementation of three new railway economic corridor programmes - as announced in the budget - will hold the sector in good stead...

This massive infrastructure buildout will require huge amounts of energy, which, in turn, will necessitate an increase in generation from both coal-based and renewable energy sources..