In terms of growth in the renewable sector last year, the industry witnessed, various developments that were powered by various policies, reforms and investments as its one focal sector for the government. The continued government support and improved economics attracted more investments in the developmental growth of the sector. However, there was a period where India was missing targets due to number of reasons, one of them being the implementation of the GST.
In the upcoming budget, we are expecting the government to boost fund allocation for sector to support the development of renewable energy parks and for expansion of inter-state transmission infrastructures.
