{"id":626537,"date":"2024-01-05T10:44:29","date_gmt":"2024-01-05T05:14:29","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=626537"},"modified":"2024-01-05T10:44:29","modified_gmt":"2024-01-05T05:14:29","slug":"india-set-to-halve-oil-refiners-fy24-energy-transition-equity-support","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/india-set-to-halve-oil-refiners-fy24-energy-transition-equity-support\/","title":{"rendered":"India set to halve oil refiners&#8217; FY24 energy transition equity support"},"content":{"rendered":"<p>India plans to halve the amount of equity investment to $1.8 billion for 2023\/24 to help fund three state oil refiners&#8217; green energy projects, four government and industry sources said, as the federal government seeks to curb its fiscal deficit.<\/p>\n<p>Asia&#8217;s third largest economy, facing an over 40% shortfall in collecting revenues from stake sales in state-run companies, is prioritising spending to try to limit its fiscal deficit to 5.9% of GDP for this fiscal year to the end of March.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India plans to halve the amount of equity investment to $1.8 billion for 2023\/24 to help fund three state oil refiners&#8217; green energy projects, four government and industry sources said, as the federal government seeks to curb its fiscal deficit. Asia&#8217;s third largest economy, facing an over 40% shortfall in collecting revenues from stake sales in state-run companies, is prioritising spending to try to limit its fiscal deficit to 5.9% of GDP for this fiscal year to the end of March.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,191,136],"tags":[],"class_list":["post-626537","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-oil-gas-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/626537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=626537"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/626537\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=626537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=626537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=626537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}