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Below the Budget Reaction on Power and Energy by Mr. Shivam Bajaj - CEO at Avener Capital

"The government's move to incentivise electricity distribution reforms and intra-state transmission capacity will significantly enhance the financial stability and efficiency of power companies in the country. Additionally, the Nuclear Energy Mission, with its ambitious target of developing 100 GW of nuclear capacity by 2047 and fostering private sector participation, marks a bold step toward a cleaner and more resilient energy future. The focus on Small Modular Reactors (SMRs) will further accelerate innovation in sustainable power generation. Furthermore, we are elated to know about the government's decision to ease requirements and procedures for speedy approval of company mergers."

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