Yash Highvoltage Calls for Increased Budget Allocation to India's Power Sector
Yash Highvoltage Limited's Chairman, Keyur Shah, has called for increased budget allocations to India's power sector, advocating for FY27 capital expenditure between ₹12-13 lakh crore to support infrastructure growth and reliable electricity access. He underscores the necessity for investments in renewable energy, smart grids, and energy storage, while also recommending incentives for niche power equipment manufacturers and tax reforms to enhance domestic competitiveness.
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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.
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