India’s FY2027 Budget Shifts Focus From Renewable Deployment to Manufacturing and Industrial Decarbonisation - Business News Week

India’s FY2027 budget shifts focus from renewable deployment to manufacturing and industrial decarbonisation - Business News Week

Clean energy spending rises 40% to US$5 billion as government prioritises CCUS, domestic supply chains and strategic manufacturing, but execution risks remain   SINGAPORE, Feb 16 – India’s FY2027 Union Budget marks a strategic shift in the country’s energy transition, moving from a primary focus on renewable deployment toward domestic manufacturing and industrial decarbonisation, according to new […] The post India’s FY2027 budget shifts focus f…

India’s FY2027 budget shifts focus from renewable deployment to manufacturing, but execution challenges persist, says Wood Mackenzie

Clean energy spending rises 40% to $5 billion as government prioritises CCUS, domestic supply chains and strategic manufacturing. However, execution delays and underutilisation of allocated funds could limit the near-term impact, according to an analysis by Wood Mackenzie. Clean energy spending in India’s FY2027 Union Budget rises 40% year-on-year to around $5 billion as government prioritises CCUS, domestic supply chains and strategic manufactu…