The union budget of FY26 continues with the government focusing on energy transition £20,000 crawls for research and development of small modularities (SMR).
Finance Minister Nirmala Sithheraman has announced measures to support the production of components in green energy spaces and to support the power transmission infrastructure, the key to the green energy goals in India.
She has overvised the goal of developing at least 100 GW nuclear energy by 2047. India’s nuclear capacity is currently 8.18 GW, which contains a nuclear capacity of 22.48 GW by 2030 by 2030, except for the target of non -fossil capacity by 2030.
“The development of at least 100 GW nuclear energy by 2047 is indispensable for energy transitional efforts. For active partnerships with the private sector for this goal, the Nuclear Energy Law and the Nuclear Damage Law. Civil responsibilities are taken up.
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Small modularities, which are small in size and low land requirements, have recently focused on the previous two budgets. The full budget for FY2015 was developed SMR by proposing a partnership between the government and the private sector, but the provisional budget in February announced funds. £1 trillion of R & D in this field.
Friday Citalaman said, “The nuclear energy mission for research and development of small modularitiescators. £20,000 crawls are set up. At least five indigenous SMRs will be operated by 2033. “
Green Energy Supruchaen’s adequacy has also become remarkable with this budget. Under the national manufacturing mission announced by the Minister of Finance on Saturday, the center is an energy transition of solar power cells, batteries for electric vehicles, electrolytes, green hydrogen production, wind turbines, and used electrolytes. We support production in space. Grid scale battery.
“Considering the commitment to climate -friendly development, the mission supports clean high -tech manufacturing, which improves the addition of domestic value, solar PV cells, EV batteries, motors and controllers, electrolytes, wind turbines, and wind turbines. A very high -voltage transparent ecosystem is built.
“It is focusing on Domestic Supply Chain, important minerals, clean technical manufacturing (Solar PV, EV battery, Electro Rollizer),” said Naveen Kindelwal, CEO of Brightnight India. Geopolitical uncertainty.
The Minister to promote the migration agenda has announced that 35 capital goods will be exempted from basic tariffs to manufacture the EV battery. The mobility transition is also a major focus on the company, with a plan to achieve pure zero carbon emissions by 2070.
She also announced a policy to recover important minerals from the tail. The tail of the mineral refers to the remaining waste after extracting minerals from ore. Important minerals, such as lithium, are important raw materials in other energy transition components, such as the production of batteries and solar modules.
Commenting on the budget, the Minister of the United States Mano Hall Ral said, “The government is dedicated to improving the financial and operation stability of electricity sales companies, and in combination with incentives to enhance the transmission ability in the state. He said that it would greatly improve the efficiency of the department.
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He also ensures that lithium -ion batteries, lead, zinc, and 12 more important minerals are exempted from the basic custom duty to ensure the use of batteries in India. He stated that it helps to promote more jobs for young people.
Reform measures in the power sector are also part of the budget, which is needed for efficient and quick transitions. Citaraman has announced that it will support the state government’s support for improving the state transmission capacity and encourage the distribution space reform.
“We encourage the reform of power distribution and the states to increase the ability to send in the state. This improves the health and ability of the power company’s financial health. It is allowed by the state on condition of these reforms. “
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Anil Rawal, an MD and CEO of Intellismart Infrastructure, states: “Important highlights are emphasized in the enhancement of power distribution, along with plans to encourage the nation to implement important distribution reforms. This encourages the state to adopt measures such as smart meters. This is the need for a welcome step to optimize the overall systemic efficiency of electricity.
The stable power network, which is mainly supplied by renewable energy, is important to be stressed on transmission capacity as a powerful transmission infrastructure. The FY25 economic survey submitted by the Minister to Congress on Friday stated that this financial progression was slow due to the heavy rains of monsoons.
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