Tags: Budget 2018

Delhi Budget 2018: Govt proposes to encourage renewable energy initiatives

In its Budget for 2018-19, the Delhi government has proposed to encourage renewable energy initiatives to reduce fossil fuel-based power generation. A host of renewable energy initiatives have been lined up for the power department in 2018-19 that will reduce reliance on fossil fuel-based power generation in Delhi, Deputy Chief Minister Manish Sisodia said today […]

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Post Budget 2018 Reaction: Gyanesh Chaudhary, MD and CEO, Vikram Solar

  Gyanesh Chaudhary, MD and CEO, Vikram Solar said “Budget 2018-19 is not very encouraging for the renewable and solar energy sector. The government has missed out on a major opportunity to take a lead towards combating climate change. The recently released Economic Survey highlights the impact of climate change in India especially to farmers. […]

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Post Budget 2018 Reaction: Ratul Puri, Chairman, Hindustan Power

Ratul Puri, Chairman, Hindustan Power  said We appreciate the Union Budget’s vision of the power sector as enabler of the common man’s access to the benefits of infrastructure development. This can be seen in the provisions for electrification of 4000 km of existing railway lines, bringing 4 crore unconnected homes to the electricity grid at […]

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Post Budget 2018 Reaction: Gagan Vermani, Founder & CEO, MYSUN

Gagan Vermani, Founder & CEO, MYSUN said “So eventually the ‘election year’ has taken the shine away from the ‘Sun’. It is disappointing to see that the solar energy sector has been ignored in this year’s budget. It was much awaited that the Finance Minister would clear the government’s view on customs duty on solar […]

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Post Budget 2018 Reaction: Tulsi Tanti, Founder, Chairman and Managing Director (CMD), Suzlon Group

Tulsi Tanti, Founder, Chairman and Managing Director (CMD), Suzlon Group said the budget is clearly focused on reinventing a New India, with specific measures announced for strengthening the rural and agricultural economy in addition to infrastructure development. It is aligned to the objective of overall economic growth, Nation building and job creation.  This budget, takes […]

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Post Budget 2018 Reaction: Hartek Singh, CMD, Hartek Group

Hartek Singh, CMD, Hartek Group said “Hartek Group, with its power sector expertise, is well placed to support railway electrification and modernisation for which Government of India has announced CAPEX allocation of Rs 1.48 lakh crore. With an expertise in providing complete EPC solutions, we are positive towards finding opportunities in this domain and being […]

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Budget 2018 Expectations: Afzal Patel, MD & CEO, Green Power

Concerned over future of the sunrise industry which is facing threat due to the proposed imposition of 70 per cent safeguard duty on import of solar power equipment, sector experts are expecting some breather from the Union Budget 2018-19 Speaking on the expectation of the solar industry from budget 2018- Afzal Patel, M.D & CEO, […]

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Budget 2018 Expectations: Awadhesh Kumar Jha, Vice President, Charge & Drive & Sustainability, Fortum India Pvt. Ltd.

Tomorrow will be an important day for India, as country’s Finance Minister, Arun Jaitley gets ready to present the Budget 2018 in parliament.  Indian automobile industry has its own wishlist, the industry expects government may lower the Goods and Services Tax (GST) from existing 12% and further there could also be income tax benefits for […]

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