Authored by Shyam Sharma - CFO, O2 Power
Union Budget 2024-25 centers around promoting MSMEs, skilling, manufacturing, women empowerment and women entrepreneurship with the chief objective of greater job creation opportunities, addresses green finance, highlighting the importance of both adaptation and mitigation, and remains focused on achieving the Sustainable Development Goals (SDGs).
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Authored by Shyam Sharma - CFO, O2 Power
A summary of the expectations of Independent Power Producers (IPPs) in the renewable energy sector from the Union Budget 2024-25 to ensure faster growth, and achieve the GoI's target of 500 GW of renewable energy capacity by year 2030.
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Authored by Shyam Sharma - CFO, O2 Power
With ‘Infrastructure’ and ‘Green Growth’ as two of the seven priorities, Union Budget 2023 is an extension of the budgets of the last two year. The focus is clearly on sustainable growth, on being consistent with the objective of achieving higher growth keeping fiscal deficit under control.
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Authored by Shyam Sharma, CFO – O2 Power
Overall, Union Budget 2022-23 is, for all practical purposes, the Part II of last year’s budget! With further focus on higher growth, increased capital expenditure on infrastructure development..
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Authored by Shyam Sharma, CFO - O2 Power
Currently, the most discussed topic within the financing fraternity globally is the transition from London Interbank Offer Rate (LIBOR) to a risk-free rate (RFR) before June 30, 2023. This is also a hotly debated subject in India between our borrowers and banks.
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Authored by Parag Sharma – Founder and CEO at O2 Power Vinamra Singh – Manager, CEO Cell at O2 Power
Government of India (GoI) has set a target of installing 175 GW of renewable energy capacity by the year 2022. This includes 100 GW from solar, 60 GW from wind, and over all 450 GW by 2030. If you ask me, these are some very ambitious targets.
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Authored by Atul Pachauri, Head - O&M O2 Power
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Authored by Shyam Sharma, CFO
To promote Government of India’s (GOI) Atmanirbhar Bharat / Made in India mission, the Finance Ministry had introduced lower corporate tax rate of 15% (effective rate 17.16%), by introduction of Section 115BAB in Income Tax
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Authored by Amresh Mahajan, Head – Tech QA & EHS at O2 Power
If we are not able to take care of our environment, the environment will not take care of us”.</em> This has become a tag line in renewable sector across the world.
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India’s GDP has been growing at around 6%-8% in the past two decades. Depending on the growth rate, Indian grid should be absorbing 20-25 GW of renewable energy capacity every year.
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Authored by Shyam Sharma – CFO at O2 Power
Directionally it’s a growth-oriented budget providing focus on capital expenditure to revive economy and sustainable high-level GDP growth.
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