Budget 2018: Will Arun Jaitley meet power industry's Budget expectations?

PwC and Business Standard take a look at the key issues facing the power sector and the industry's expectations from Budget 2018

Worthy of attention ahead of Budget 2018 is the fact that the recent times have been very exciting for India’s power sector, especially with respect to the renewables segment. New generation capacity addition this year came predominantly from non-carbon sources – over 80% came from renewables, hydro and nuclear alone.

Here are a snapshot of the power sector and its expectations from the Union Budget 2018-19:

Key developments

• New generation capacity addition this year came predominantly from non-carbon sources (over 80% from renewables, hydro and nuclear). 
• The main renewable energy sources, wind and solar, are now contracted solely viaauctions. This hasdelivered record