Published: August 5th, 2024,
Last updated: May 28th, 2025

India’s new government is pushing forward the energy transition with its budget proposal. At the end of July, the lower house approved the budget proposal, which focuses on renewables and decentralized solar energy. Funding for green projects and green hydrogen will each be increased by about a third. Alongside more money, a new approach to dealing with the climate crisis will be adopted, and the goal of net-zero will extend to sectors beyond energy.