Pre-Budget Expectation Quote – Mr. Sanjay Palve, Senior Managing Director, Essar Capital Ltd.

Mr. Sanjay Palve, Senior Managing Director, Essar Capital Ltd.“Environment and sustainable development have been key focus areas for the Government. As India moves towards a green and sustainable economy, a suitable framework should be established to boost the nation’s infrastructure by adopting state-of-the-art technology for biofuels, hydrogen, natural gas, solar, and greener logistic solutions as well as increasing the share of capital investment in the upcoming budget for these sectors. The government shall also provide a beneficial tax treatment for income from the sale of Renewable Energy Certificates (RECs) which is key to attracting investment in the renewable energy sector.”