Prime Minister Narendra Modi on Thursday urged energy sector stakeholders to invest in India’s green energy space, saying that the Budget for 2023-24 will play a key role in establishing the country as a lead player in the global green energy market. Modi said that the potential of segments like solar, wind energy, and biogas in India “is no less than any gold mine or oil field for our private sector”.
Apart from these three segments, Modi also highlighted investment opportunities in areas like the green hydrogen ecosystem, which includes fuel cells, electrolysers, and green steel, waste-to-energy projects, battery storage, and vehicle scrapping, among others.