Infra players pitch for captive renewable energy policy, exemption from cross subsidy charges
New Delhi: Infrastructure sector on Friday urged the government to bring captive renewable policy and exempt from cross subsidy and transmission charges to make renewable energy more viable for those willing to set up clean energy plants beyond factory boundaries.
The infrastructure companies raised these issues during a pre-budget consultation with Finance Minister Nirmala Sitharaman and top officials from finance, new & renewable, road transport and environment ministries.
They also asked to make finance available for real estate and affordable housing to boost consumption of cement and other inputs like steel.
Besides, they were of the view that government should release stuck up funds meant for infrastructure sectors as soon as possible for bringing in buoyancy in the economy.
