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Energy Sector Budget 2026 LIVE Updates: What experts expect from Sitharaman on February 1
Union Budget 2026 Live Updates: Finance Minister Nirmala Sitharaman all set to present the Union Budget 2026 in Parliament on February 1. Experts say the Budget could play an important role in advancing India’s Viksit Bharat vision by accelerating the country’s renewable energy push. Policy support is expected to focus on incentives for grid modernisation, energy storage and strengthening domestic clean energy manufacturing.Stronger fiscal backing for green hydrogen, solar power and battery storage could help speed up the energy transition while improving long-term energy security. With India targeting 500 GW of renewable capacity by 2030, the clean energy sector is increasingly seen as central to driving inclusive growth, boosting industrial competitiveness and meeting climate commitments.
Union Budget 2026 Live Updates: Finance Minister Nirmala Sitharaman all set to present the Union Budget 2026 in Parliament on February 1. Experts say the Budget could play an important role in advancing India’s Viksit Bharat vision by accelerating the country’s renewable energy push. Policy support is expected to focus on incentives for grid modernisation, energy storage and strengthening domestic clean energy manufacturing.Stronger fiscal backing for green hydrogen, solar power and battery storage could help speed up the energy transition while improving long-term energy security. With India targeting 500 GW of renewable capacity by 2030, the clean energy sector is increasingly seen as central to driving inclusive growth, boosting industrial competitiveness and meeting climate commitments.
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