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Budget may introduce production-linked incentives for battery and pumped storage

Finance minister Nirmala Sitharaman is expected to include a range of budget announcements aimed at boosting green energy adoption, including a production-linked incentive scheme for battery storage and pumped storage plant policy for hydropower. She is expected to unveil a plan to build a 1 GW battery storage system over the next two years.

Good for Battery and Green Energy stocks

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