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Yash Highvoltage Calls for Increased Budget Allocation to India's Power Sector

ENERGY STORAGEHYDROGEN

Yash Highvoltage Limited's Chairman, Keyur Shah, emphasizes the need for the Union Budget to support India's power sector, which achieved record performance in 2025 by meeting peak demand and expanding capacity. He advocates for FY27 capital expenditure in the ₹12-13 lakh crore range, focusing on infrastructure-led growth and higher allocations for reliable electricity access.

Shah highlights the importance of investments in renewable energy, smart grids, energy storage, and green hydrogen to meet future demand. He also suggests extending PLI-type incentives to niche power equipment manufacturers and reforming the tax framework to boost domestic competitiveness and position India as a global hub for advanced power equipment.

Yash Highvoltage Calls for Increased Budget Allocation to India's Power Sector
Jan 22, 2026, 6:21 AM

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