The state budget tabled in the Legislative Assembly accorded priority to achieving the net zero emissions target. “An of Rs 75,000 crore is expected in the field of green hydrogen, green ammonia, solar and Wind Energy,” deputy chief minister and finance minister Devendra Fadnavis announced in his budget speech.
“The state will also raise Rs 5,000 crore by 2024 through green Bonds to combat the problems of Climate-change”>Climate Change. Activities such as RENEWABLE ENERGY, green buildings, green hydrogen, electric mobility and charging facilities will be taken up from it,” he said.
The budget estimate for new and renewable energy was Rs 977 crore for 2023-24 as compared to the revised budget estimate of Rs 496 crore for 2022-23.