Budget Highlights – Energy and Infrastructure
The Union Budget 2024-25 (Budget) has listed infrastructure and energy security as two of its key priority areas. The Budget emphasizes the development of India’s infrastructure sector with a particular focus on clean energy and outlines substantial investments and strategic initiatives in this regard. Key announcements from the Budget are set out below:
Push for Infrastructure
Road Infrastructure
Energy Transition
Nuclear Energy
Pumped Hydro Storage
Hard to Abate Industries
Minerals
Review of Customs Duty
Authors – Akshay Malhotra, Partner and Kush Saggi, Managing Associate
Disclaimer: These highlights are key points and is not intended to be comprehensive. The contents of these highlights do not constitute any opinion or determination on, or certification in respect of, the application of Indian law by Talwar Thakore & Associates (TT&A). No part of these highlights should be considered an advertisement or solicitation of TT&A’s professional services. This communication is confidential and may be privileged or otherwise protected by work product immunity.
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