Energetica india Magazine

energetica INDIA- February_2026 46 T he Government has laid out a comprehensive strategy to secure India’s long-term energy future, accelerate the renewable energy transition, and strengthen domestic manufacturing across power and clean-tech sectors. Budget 2026-27 has introduced major fiscal measures and ambitious schemes to reduce critical import dependence and build a resilient, sustainable energy ecosystem aligned with the goal of a Viksit Bharat. UNION BUDGET Renewables, Storage and Energy Security: Industry Response to Budget 2026–27 Union Finance Minister Nirmala Sitharaman presented India’s 80th Union Budget in Parliament, marking her ninth consecutive budget. The Government has laid out a comprehensive strategy to secure India’s long-term energy future, accelerate the re- newable energy transition, and strengthen domestic man- ufacturing across power and clean-tech sectors. Budget 2026-27 has introduced major fiscal measures and ambi - tious schemes to reduce critical import dependence and build a resilient, sustainable energy ecosystem aligned with the goal of a Viksit Bharat. The Finance Minister has unveiled an INR 20,000 crore scheme for Carbon Capture, Utilisation and Storage (CCUS). The programme targets emissions from hard- to-abate industrial sectors, ensuring that high economic growth remains compatible with India’s climate commit- ments.