Energetica india Magazine

energetica INDIA- February_2026 48 UNION BUDGET Vinay Rustagi CBO Premier Energies Budget 2026 boosts energy security and domestic manu- facturing across solar, storage and critical minerals. Funding for PM-Surya Ghar and KU- SUM, along with duty waivers, strengthens the clean energy ecosystem. D.V. Manjunatha Founder & CMD Emmvee Photovoltaic Power Ltd. Budget 2026 reinforces long- term policy stability for renew- able manufacturing. Emphasis on execution, scale and quality strengthens India’s global clean energy manufacturing position. Manish Gupta Chairman Insolation Energy Ltd. (INA Solar) The Union Budget 2026–27 delivers strong momentum to India’s clean energy transition by prioritising solar, storage, grid infrastructure and domes- Sumant Sinha Founder, Chairman & CEO ReNew Union Budget 2026 balances fis - cal discipline with a strong push for jobs and manufacturing. Fo- cus on batteries, critical miner- als, CCUS and next-gen nuclear positions India as a clean energy leader. Shekhar Singal Managing Director Eastman Auto & Power Ltd. Union Budget 2026 accelerates the energy transition through clean mobility, storage and do- mestic manufacturing. EV bat- tery support, BCD exemptions and electronics manufacturing Atanu Mukherjee President and CEO Dastur Energy The INR 20,000-crore CCUS allocation is a clear and prag- matic policy signal that India is addressing industrial decarboni- sation with realism . For sectors such as steel, cement, refining Vivek Gupta Managing Director Oswal Pumps Budget 2026–27 supports agri- culture and rural growth through high capex and fiscal discipline. Focusing on irrigation, renewable energy and rural infrastructure will boost farm incomes and re- silience. funding strengthen decentralised solar and storage adop- tion. tic manufacturing. BCD exemptions, expanded PM Surya Ghar and PM-KUSUM schemes strengthen affordability, self-reliance, and reinforce India’s 500 GW non-fossil and Net-Zero 2070 goals. and chemicals, CCUS is an essential enabler of emissions reduction while protecting competitiveness, investment, and jobs. The priority now should be to translate this intent into buildable projects by focusing on shared CO 2 transport and storage infrastructure, early-mover risk support, commercial scale projects and clear rules for measurement, transport access and long-term liability.