Focus towards green energy in Union Budget 2023 Vishwesh Sanas / 1-Feb, 2023 / Categories: Trending, Mindshare Rs 35,000 crore will be allocated for the energy transition Green growth Rs 35000 crore priority capital allocated for the energy transition. Custom duty exemption on the import of Lithium Ion batteries to encourage green mobility. National Green Hydrogen mission to help the country move towards zero-carbon targets. National Green hydrogen mission with an outlay of Rs 19,700 crore will facilitate the transition of the economy to low carbon intensity, reduce dependence on fossil fuel imports. India National Green Energy Hydrogen Mission aim to output 5MMT by 2030. Interstate transmission system for evacuation and grid integration of 13 GW renewable energy from Ladakh to be constructed with an outlay of Rs 20,700 crore. This is positive for gas distribution and the energy sector. Govt to support setting up of battery energy storage of 4,000 MWH, pump energy storage (reverse hydro-power) Government plan to introduce a 5 per cent compressed Biogas mandate for all natural gas entities marketing in India. The companies marketing natural gas will have to market compressed biogas to the extent of 5 per cent of their volumes. Govardhan Scheme to establish circular economy using manure. 10,000 bioresource centres to be set up along 200 compressed Biogas plants. Rs 10000 crore outlay is considered for the biogas sector. Rate this article: 3.5 Tags: DSIJUnion BudgetDalal Street Investment JournalFMnirmala sitharamanGreen EnergyBudget 2023Green hydrogenrenewable energyLadakh Related articles This buzzing stock jumped more than 36 per cent in the last two trading sessions! Stocks to watch: These small-cap stocks will be in focus on Wednesday! Shares below Rs 100: Only buyers were seen in these stocks on January 31, ahead of budget! In an interaction with Brij Bhushan Agarwal, VCMD of Shyam Metalics & Energy Limited Green hydrogen breakthrough: Power company ventures into Gorakhpur with pilot project! Impressive FY23 growth of this energy company; Should you invest? In an interaction with Dr Ishari Kadhirvelan Ganesh, Managing Director of VELS Films International Limited Shares of this auto company zoomed more than 5 per cent post acquisition announcement! This civil construction firm emerged as an L-1 bidder for projects worth Rs 3,613 crore! Shares of this company were locked at upper circuit post 5x jump in net profit This Kirloskar Group stock hit a fresh 52-week high today This infrastructure stock was trending today! Stock below Rs 10: Keep an eye on this penny stock, which was locked in the upper circuit on February 01 Budget 2023: Key announcements for the education sector Budget 2023: This sector remains one of the most affected post the budget session Overnight Digest: Stocks to keep an eye on February 02! Budget 2023 – 2024: Key highlights regarding Auto Sector Union Budget 2023 – 2024: Highlights for FMCG Sector This industrial stock is locked in the upper circuit today! Only Buyers: These railway stocks experienced a strong rally ahead of the Union Budget! Comments are only visible to subscribers.