The Union Budget 2025 has been widely praised by leaders in the renewable energy sector, with particular attention given to its comprehensive focus on clean technology, manufacturing self-reliance, and grid reforms. Girish Tanti, Vice Chairman of Suzlon Group, emphasized the budget’s role in accelerating India’s clean energy transition and fostering sustainable economic growth.
“The government budget seems to be a significant step towards achieving India’s ambitious energy goals. By strengthening Aatmanirbhar Bharat across manufacturing and agriculture, with a focus on clean tech, wind, solar, EV, and battery storage, the budget aims to accelerate self-reliance in wind and solar manufacturing,” Tanti stated. The budget’s emphasis on expanding domestic production capabilities aligns with India’s broader mission of reducing dependence on imports and building a robust renewable energy ecosystem.
A key highlight of the budget is the National Manufacturing Mission’s targeted support for all renewable energy sources, which Tanti praised as a vital move. “This reinforces India’s commitment to a level playing field and ambitious energy goals. The expected outcomes are promising: surpassing the 500 GW target and creating nearly 3 million green jobs,” he noted.
The budget also addresses critical electricity distribution reforms and intra-state transmission upgrades, both of which are essential for integrating renewable energy into the national grid. Tanti remarked, “Incentives for electricity distribution reforms and intra-state transmission upgrades will likely improve the financial health of power companies and enable better grid integration of renewables.”
Tanti emphasized the need for a holistic approach to achieving India’s green energy transition. “The key word is Eco-System: the nation cannot rely on just individual solutions to achieve its green transition at the lowest cost to customers. It requires a judicious mix of wind, solar, batteries, and other non-fossil technologies, together with distribution reforms,” he said.
Highlighting the importance of national security and local expertise, Tanti stated, “For national security, we need to build this expertise locally, requiring the build-out of all these industries at scale. We are happy that this budget recognises this need.”
He concluded by expressing Suzlon’s commitment to collaborating with the government and industry partners: “Suzlon is keen to work with the government and together with our fellow industrial groups to realise this vision.”
The Union Budget 2025’s comprehensive approach to renewable energy, manufacturing self-reliance, and grid modernization is set to not only propel India toward its clean energy targets but also stimulate job creation and strengthen the overall economy.
