When India confidently step on a greener and sustainable future, the Union budget in 2025 appears as a determining moment to shape the nation's energy landscape and to exploit its immense potential. With an ambitious goal of reaching renewable energy sectors by 2030, this year's budget must set a bold and implementable roadmap in order to master the current challenges and at the same time create the basis for long -term growth. This is more than just a tax exercise – it is a crucial step in the way India advertises its industries, cities and villages in harmony with economic progress and environmental responsibility.
The infrastructure fulfills ambition
India's ambitions for renewable energies are unprecedented, but the required amount of transformation is equally discouraging. In order to achieve its goal of 2030, the country must cause its annual capacity expansion from currently 28 GW to 50–60 GW. However, the restrictions on the infrastructure, especially in the transmission and power evacuation, threaten to slow progress.
The Phase III of Green Energy Corridor (GEC) is crucial in coping with these challenges. Renewable states such as Gujarat, Rajasthan and Madhya Pradesh are central to India's energy transition, but the infrastructure of the states in these countries is still underdeveloped. By priorating investments in intergovernmental transmission systems, the budget can ensure a seamless current flow from generation nodes to consumption centers. In addition, subsidies for Smart Grid Technologies and Battery Energy Storage Systems (BESS) are crucial for the management of the stability of the network with increasing proportion of renewable energies.
Strengthening household production
India's vision of becoming an independent energy package and a global manufacturing hub depends on the establishment of a robust ecosystem for domestic. While the production -bound incentive (PLI) scheme has strengthened the solar panel and module production, it must now extend to components such as polysilicium, wafer and solar glass. This will reduce the dependence on imports, lower costs and create employment opportunities, while India is positioned for the global demand for components for renewable energies.
The wind energy also requires targeted support from a dedicated PLI scheme for original equipment manufacturers (OEMS) and a large-scale turbine production. The rationalization of customs tasks on raw materials and the standardization of the GST rates for devices for renewable energies will further improve the financial viability of domestic help. By promoting innovation and creating a competitive ecosystem, India can secure its position as the world's leading provider for the production of renewable energies and develop as a key supplier for international requirements for clean energies.
The role of green hydrogen
While the global energy landscape is developing, the green hydrogen has developed as an important player when decarbonizing heavy sectors such as steel, cement and long -distance transport. India has the potential to conduct this revolution, but its green hydrogen ecosystem is still in its infancy.
The Union Budget 2025 must assign significant resources to accelerate green hydrogen performance. Targeted subsidies, pilot projects and infrastructure investments will help scale production and reduce the costs. Green hydrogen is an economic opportunity beyond the environmental advantages, which is able to generate jobs, attract foreign investments and position India as a global hub for clean energy technologies.
Packaging of the energy storage and the stability of the network
Energy storage is no longer an option, but an essential component of the future of renewable energies in India. Inherent intermitters of solar and wind power requires advanced storage solutions to ensure reliable power supply. Battery energy storage systems (BESS) can stabilize the network and enable efficient integration of renewable energy into the electricity supply system.
The government must introduce subsidies and tax incentives for large-scale BES projects. In conjunction with investments in disco-modernization and digital solutions such as AI-operated smart meters, these measures can reduce the transmission and distribution losses and at the same time improve overall efficiency. Strengthening the resistance of the network is the key to supporting the ambitions for renewable energies in India.
Moved to the solar potential of the roof
The solar of the roof offers an enormous opportunity for the decentralized generation of clean energy. However, the assumption was hindered by regulatory hurdles and limited financial support. The budget must overcome these challenges by simplifying the approval processes, providing financing options and governmental upper limits for the solar capacity of roofs for industrial facilities.
In any case, incentives for battery back solar systems can further increase their attractiveness and offer both energy independence and grid support. The expansion of the solar assumption on the roof in the areas of residential and commercial sectors is a low-hanging fruit in the energy transfer of India.
Financial support for long -term stability
Exercise financial support is required by achieving destinations for renewable energies in India. The extension of the tax rate of 15 percent according to section 115bab for projects for renewable energies can offer developers long -term stability. The re -hiring of lower withholding tax rates for external loans and the exemption from GST in relation to renewable energies (RECS) will reduce financial burdens and promote investments.
In addition, the budget must encourage participation of the private sector to the transfer PGCIL) and similar initiatives could unlock latent investigator and accelerate the development of the infrastructure.
Green energy for a sustainable future
India's journey for renewable energies is not just a story of goals and schedules – it is a vision for a sustainable and just future. The Union Budget 2025 offers a golden opportunity to accelerate this transition by overcome structural challenges, incentive to clean energy solutions and promote innovations.
From the transmission infrastructure and domestic production to green hydrogen and energy storage, the budget must provide a comprehensive strategy that brings ambition into harmony with measures. This is not just a matter of achieving the goal in 2030, but also about positioning India as a leader worldwide in clean energy, creating jobs and building an energy ecosystem that can be proud of future generations.
The time for incremental changes is over. As a blueprint for the revolution of the Green Energy in India, the Union budget must act in India, which shows that economic growth and ecological sustainability are not mutually exclusive, but are dependent on each other. India now make courageous decisions, India can pave the way for a cleaner, better future.
The author is the chairman and managing director of the Apollo International Group.