{"id":628273,"date":"2024-01-16T09:54:38","date_gmt":"2024-01-16T04:24:38","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=628273"},"modified":"2024-01-16T10:28:31","modified_gmt":"2024-01-16T04:58:31","slug":"interim-budget-2024-25-oilmin-bats-for-retaining-energy-transition-fund","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/interim-budget-2024-25-oilmin-bats-for-retaining-energy-transition-fund\/","title":{"rendered":"Interim Budget 2024-25: OilMin bats for retaining energy transition fund"},"content":{"rendered":"<p>The Petroleum and Natural Gas Ministry has told the Finance Ministry that a Rs 30,000 crore fund for energy transition and net-zero objectives announced for oil marketing companies (OMC) in last year&#8217;s Budget, but never disbursed, needs to stay in the upcoming Budget. <\/p>\n<p>The last Budget had earmarked a mega capital outlay, which was set to focus on new-age fuels \u2014 green hydrogen, ethanol, and other biofuels. <\/p>\n<p>The record high budgetary grant towards green transition was to be a key driver in reducing the carbon emission of the economy and leap towards green fuels and green energy sources.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Petroleum and Natural Gas Ministry has told the Finance Ministry that a Rs 30,000 crore fund for energy transition and net-zero objectives announced for oil marketing companies (OMC) in last year&#8217;s Budget, but never disbursed, needs to stay in the upcoming Budget. The last Budget had earmarked a mega capital outlay, which was set to focus on new-age fuels \u2014 green hydrogen, ethanol, and other biofuels. The record high budgetary grant towards green transition was to be a key driver in reducing the carbon emission of the economy and leap towards green fuels and green energy sources.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,169],"tags":[],"class_list":["post-628273","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-oil-gas-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/628273","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=628273"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/628273\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=628273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=628273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=628273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}