Mobility Energy and Transportation
Budget 2021: Focus on renewable energy and Discom viability to transform power sector
04 Feb 2021
The union budget 2020-21 has outlined multi-pronged
budgetary measures for the power sector in line with the Prime Minister’s
ambitious energy transition initiatives. Finance Minister Nirmala Sitharaman
has announced many forward-looking plans in the budget for the power sector.
Energy & Utilities: Clear focus on developing the
sector
The budget has clearly outlined a key push toward bringing
significant reforms in the power distribution segment, given the viability
concerns of distribution utilities across India. The recognition of DISCOM
viability as a critical agenda in the sector itself is a positive step in this
direction. The announcement of INR 3.05 trillion package for the ailing power
distribution sector is encouraging.
The full article was originally published on The Economic
Times - ET Energyworld