After the Union Budget 2025 was presented by Finance Minister Nirmala Sitharaman, the Indian stock market opened on a positive note on Monday. The budget’s emphasis on clean energy and sustainable development has influenced the renewable energy sector as well.
Impact on the Renewable Energy Sector:
The budget introduced a new manufacturing mission under the ‘Make in India’ initiative, focusing on the production of solar photovoltaic (PV) cells, electrolyzers, and grid-scale batteries. This move targets promoting domestic manufacturing and reducing reliance on imports. Industry experts view this as a significant step toward strengthening India’s clean energy supply chain.
Additionally, the budget announced a Nuclear Energy Mission, targeting the development of at least 100 gigawatts (GW) of nuclear power by 2047.
Market Response:
Following these announcements, several green energy stocks experienced notable gains:
| Company Name | Current Price (₹) | Change (%) |
| Waaree Energies Limited | 1,200.50 | 15 |
| Suzlon Energy Limited | 10.5 | 11 |
| Adani Green Energy Limited | 1,885.00 | 10 |
| Inox Wind Limited | 75.3 | 10 |
| KPI Green Energy Limited | 405 | 10 |
| Gensol Engineering Limited | 1,150.00 | 10 |
| Tata Power Company Limited | 250.6 | 1.9 |
Industry Outlook:
The renewable energy industry has welcomed the budget’s focus on clean energy and manufacturing. The initiatives are expected to drive sector growth and attract private investment. By promoting domestic value addition in solar PV cells, electric vehicle batteries, and other components, the budget aims to position India as a leader in sustainable energy solutions.
In summary, the Union Budget 2025 has provided a favorable environment for the renewable energy sector, with targeted measures to enhance domestic manufacturing and promote sustainable development. The positive market response reflects investor confidence in these initiatives.
Source:
- https://energy.economictimes.indiatimes.com/news/renewable/budget-marks-watershed-moment-in-indias-journey-toward-clean-energy-say-experts/117873008?utm_source=chatgpt.com
- https://www.bseindia.com/
Disclaimer-
This news article is for informational purposes only and should not be considered as financial or investment advice. We do not endorse, recommend, or influence the purchase, sale, or holding of any stock mentioned in this report.
Stock market investments are subject to market risks, investors are strongly advised to conduct their own research, review company fundamentals, and consult with a certified financial advisor before making any investment decisions.
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