Government urged to support the renewable energy sector

If India has to achieve its target of increasing new and renewable energy to 15 per cent by 2020 under the Prime Minister’s Climate Change Action Plan, then the Finance Minister must provide good thrust to wind energy sector in the Budget, Tulsi Tanti, Chairman, Suzlon Energy told CNBC TV18.

“We are expecting positive news in the Budget which will support the renewables and also some good package for the wind industries,” Tanti said adding that currently the sector is not really moving in a right direction and hence administrative support is extremely important.

Tanti pointed that Indian market almost collapsed in the current financial year due to several domestic and global factors. The Union Budget needs to provide support to industries and markets in general to bring forth much needed revival.

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