Voices from the Industry: Insights & Expectations for the Upcoming Budget

​In the CXOToday article “Voices from the Industry: Insights & Expectations for the Upcoming Budget,” Piyush Goyal, CEO of Volks Energie, emphasizes the importance of government support in advancing India’s renewable energy sector. He advocates for incentives to spur technological breakthroughs in clean energy and calls for subsidies and tax rebates for Battery Energy Storage Systems (BESS) to ensure grid stability as renewable energy integration increases. Goyal also highlights the need for innovation in battery technologies, such as lithium iron phosphate (LFP) and nickel-cadmium (Ni-Cd), aligning with India’s goals of achieving 500 GW of non-fossil fuel energy by 2030 and net-zero emissions by 2070.