Budget Quote from Srinivasan Viswanathan, Chief Executive Officer of Vibrant Energy
“The budget was progressive and beneficial to the energy sector. The statement on Green Growth is highly comprehensive, with a vision for the green hydrogen mission costing Rs 19,700 crores, which would undoubtedly accelerate the energy transformation. The promotion of Ladakh green energy corridor is a welcome step. We appreciate the Rs. 35,000 crore capital investment for reaching the net zero goal, however, we look forward to receiving the policy structured in a detailed manner. With this budget announcement, we are encouraged to keep up the rapid expansion in energy production, manufacturing required equipment, and construction of energy storage capacity. We will need to continue having a closer industry-government collaboration to reach the net-zero aim by 2070.