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Month in a Minute: Top Headlines from Indian Renewable Sector in February 2024

Budget 2024 highlights: Free electricity via rooftop solar, VGF for offshore wind

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Union Finance Minister Nirmala Sitharaman unveiled key measures during the presentation of the 2024 interim budget, signaling a significant push towards sustainable energy and electric mobility. One of the standout announcements involves providing up to 300 units of free electricity every month to 10 million households through rooftop solarization. This move aims not only to make clean energy accessible to a large segment of the population but also to encourage the widespread adoption of solar power.

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