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Finance (Miscellaneous Provisions) Act 2021

·2021·Legislative·MitigationMore details
Sectors: Economy-wide, Finance, Public Sector

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Finance (Miscellaneous Provisions) Act 2021
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  • Set up 10 Gas Insulated Switchgear (GIS) substations to improve reliability and increase the share of renewable energy;Energy · Target year: 2030
  • Raise tenfold the absorption capacity of intermittent renewable energy through increased battery capacity to some 40 MW from the current 4 MWEnergy · Target year: 2030
  • phase-out all coal by 2030Energy · Target year: 2030
  • produce 60% of energy needs from green sources by 2030Energy · Target year: 2030

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