Sunday, March 8, 2026

Budget 2022: Renewable energy, energy storage and hydrogen – mantra for India’s decarbonization journey

The upcoming budget will be pivotal for the energy sector in India. With the latest net zero commitments made by India in the COP26 summit, the country has an ambitious target which requires decisive and dedicated measures in the direction of energy transition.
By Anish Mandal

The upcoming budget will be pivotal for the energy sector in India. With the latest net zero commitments made by India in the COP26 summit, the country has an ambitious target which requires decisive and dedicated measures in the direction of energy transition.

India is the third largest energy consuming country in the world. Rapid electrification in the recent years has resulted in improving electricity access in remote regions resulting in increasing consumption. Over the last two decades, India has been responsible for more than 10% of the increase in global energy demand, however, on a per…

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