Budget 2026: Tax Reforms, Green Energy, Battery Storage & Grid Expansion in Focus

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News18•15-01-2026, 11:41
Budget 2026: Tax Reforms, Green Energy, Battery Storage & Grid Expansion in Focus
- •Budget 2026 is expected to prioritize tax reforms, green energy, battery storage, and grid expansion, continuing existing government policies.
- •Key schemes like PM Surya Ghar Rooftop Solar, Green Energy Corridor, RDSS for DISCOMs, SMR Nuclear Mission, and Pumped Storage will remain central.
- •The budget will clarify the government's long-term commitment to nuclear power, renewable energy, energy storage, and transmission to meet rising electricity demand.
- •Industry seeks tax relief, increased funding for rooftop solar, policy support for battery storage and pumped hydro, and continued DISCOM reforms.
- •Experts predict the power sector allocation could range from INR 45,000 to 60,000 crore, with significant spending on battery energy storage.
Why It Matters: Budget 2026 will emphasize long-term growth in green energy, storage, and grid expansion, with tax reforms and DISCOM improvements.
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