By Raj Kumar Medimi Executive Director, Trinity Cleantech
“As India accelerates its journey toward becoming a $5 trillion economy, the upcoming Union Budget presents a critical opportunity to strengthen the country’s power and energy infrastructure at the grassroots level. We expect the Budget to place sharper emphasis on transmission and distribution (T&D) upgrades, reduction of technical losses, and large-scale modernization of transformers and substations, which form the backbone of reliable power delivery.
For domestic manufacturers, policy continuity through schemes like PLI, coupled with stricter quality benchmarks and stronger enforcement against sub-standard imports, will be key to creating a level playing field. Incentivizing high-efficiency, low-loss transformers and supporting indigenously manufactured electrical equipment can significantly reduce long-term system costs for DISCOMs.
Additionally, improved access to working capital for MSMEs, faster tendering cycles, and timely payments will go a long way in strengthening India’s electrical manufacturing ecosystem. A Budget that balances infrastructure expansion with quality, efficiency, and domestic manufacturing will not only support energy security but also enable sustainable and inclusive growth.”
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