“Nothing in it for Us”: Solar Industry Reacts to 2019 Budget

Nikunj Ghodawat, CFO, CleanMax Solar, said, “What we will wait to see is the finer print on the renewable industry like uniformity in policies, imposition of duties, ease of financing etc. to reduce the dependence on depleteable energy resources, thereby fueling the adoption of renewable energy. For electric vehicles to be a norm in the future, policies should include how EVs can be powered by renewable energy. While the budget has confirmed the role of renewables in its vision of a clean and green India, and states have started showing enthusiasm in adoption, a long-term road map will be expected by the industry.”