The Indian government is set to realign its capital expenditure (capex) strategy for the period FY25-30, placing a significant emphasis on energy infrastructure. The shift underscores the nation’s commitment to strengthening its power generation, transmission, and renewable energy sectors to support long-term economic growth.
According to government officials, a substantial portion of the upcoming budget allocations will be directed toward modernizing power grids, expanding renewable energy capacity, and enhancing energy storage solutions. This move is aimed at ensuring energy security, reducing dependence on fossil fuels, and accelerating the transition to clean energy.
“The future of India’s economic resilience depends on a robust energy infrastructure. The upcoming years will witness increased investments in solar, wind, hydro, and green hydrogen projects, ensuring a sustainable and reliable energy supply,” an official from the Ministry of Finance stated.
Experts believe this strategic capex shift will not only improve energy accessibility across urban and rural areas but also attract foreign investments in India’s renewable sector. The government is expected to unveil detailed funding allocations and project timelines in the forthcoming budget sessions.