The votes have been counted, the winners announced and the new government is in place. Coming into power with a stupendous majority, there can be no doubt that the industry has great expectations from the second term of the NDA government, under the Hon’ble Prime Minister Shri Narendra Modi. All eyes are now on the Budget due to be presented on the 5th of July.
The renewable energy industry has been facing multiple challenges over the past few years. Tariff caps, infrastructure constraints, a maze of duties and tariffs have led to capacity additions in wind power at multi-year lows.
Commissioning of new projects are getting delayed due to various issues including troublesome regulations and challenges in execution. Read More