Budget 2025 for Energy Sector
What's in store for the Energy Sector from the upcoming full Budget on February 1. Set to be a 'Pocket Booster' budget with focus on giving consumption a leg-up along with pushing capex Read More.., it is set to benefit a host of sectors. Keep a track on all the expectations, final announcements and in depth analysis of the Budget decision only on Financial Express. We offer you a detailed list of expectation and announcements for Energy Sector on its dedicated page Who Gets What. Navigate through all the declarations at a glance from the current and past Union Budgets on this page.
Budget 2025-26 Announcements for Energy Sector
Energy Sector
- UDAN scheme benefits 1.5 crore middle-class individuals; 120 new destinations to be added, aiming for 4 crore more passengers in 10 years.
- Infrastructure ministries to create a 3-year project pipeline for PPP mode; Rs 1.5 lakh crore allocated for 50-year interest-free loans to states.
- Extension of 50-year interest-free loans to states for another year under the Gati Shakti master plan.
Who Got What
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Budget Announcements for Energy Sector in FY2025
Energy Sector
- Extend scheme for installing rooftop solar plants, PM Surya Ghar Muft Bijli Yojna
- Promoting pump storage projects for electricity storage
- Govt. to partner private companies for setting up Bharat small reactors, R&D in nuclear tech
- Encourage development of advanced ultra super critical thermal power plants.
- NTPC-BHEL JV for 800 MW plant using AUSC tech.
Budget Announcements for Energy Sector in FY2024
Energy Sector
- Rs 35,000 crore provided for priority capital investments towards energy transition and net zero objectives.
- The Inter-state transmission system for evacuation and grid integration of 13 GW renewable energy from Ladakh to be constructed with investment of Rs 20,700 crore.
- Battery Energy Storage Systems with capacity of 4,000 MWH will be supported with Viability Gap Funding.
- Higher thrust on renewables, green energy, biomass, and energy transition getting outlay of Rs 19,700 crore.
- Propose to exempt basic customs duty on denatured ethyl alcohol which supports the Ethanol Blending Programme and facilitates transition to green energy.
Budget Announcements for Energy Sector in FY2023
Energy Sector
- Implementation of a battery swapping policy for electric vehicles is planned.
- Four pilot projects were notified to be established for coal gasification and converting coal into chemicals necessary for industries.
- In the fiscal year 2022-23, Sovereign Green Bonds will be issued to gather funds for green infrastructure initiatives, as announced.
Budget Announcements for Energy Sector in FY2022
Energy Sector
- Extension of the Ujjwala scheme to encompass one crore more beneficiaries was announced.
- Establishment of an independent gas transport system operator to oversee the booking of common carrier capacity across all natural-gas pipelines was announced.
- Announced the launching of a Hydrogen Energy Mission aimed at generating hydrogen from green power sources.
Budget Announcements for Energy Sector in FY2021
Energy Sector
- Proposed allocation of Rs 22,000 crore for the power and renewable energy sector in 2020-21.
Budget Announcements for Energy Sector in FY2020
Energy Sector
- Promoting renewable energy sources like solar power.
- Initiatives like Ujjwala contributing to clean energy promotion.
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