NEW DELHI: The Rs 35,000-crore capex allocation for energy transition announced in the Union Budget will have multiplier effect in areas like green fuel, green energy, green farming, and green mobility, among others, power sector players said.
Finance minister Nirmala Sitharaman tabled the Union Budget for 2023-24 in Parliament on Wednesday.
“Allotment of Rs 35,000 crore for priority capital investment for energy transition and net zero will help with multiplier effect spanning sectors such as green fuel, green energy, green farming, green mobility, green buildings and green equipment,” Vineet Mittal, chairman, Avaada Group, said in his reaction to the Budget.
