Budget Push Urged for Battery Storage, Critical Minerals to Power India's Green Transition

• Experts warn India's 500 GW non-fossil fuel target by 2030 could falter without significant investment in Battery Energy Storage Systems (BESS) and critical minerals.
• Ahead of the Union Budget 2026, there's a strong call for increased funding to stabilize the grid, support decentralized renewable energy, and ensure energy security.
• India has already met 50% of its installed electricity capacity from non-fossil sources, five years ahead of schedule, but sustaining momentum requires continued policy and financial backing.
• The Budget is urged to provide long-term clarity and structural support for energy storage and the National Critical Minerals Mission to attract investment.
• Concerns also highlight the need for fiscal support for electric transport, adaptation finance for climate-vulnerable communities, and GST relief for recyclable waste.

Why It Matters: India's clean energy goals hinge on robust budget allocation for battery storage and critical minerals.