Budget 2026: Market Eyes Green Energy, Nuclear, Storage; Key Stocks to Watch

• Market anticipates continued focus on renewables, grid expansion, and storage in Budget 2026, with schemes like PM Surya Ghar and Green Energy Corridor.
• Expectations include growth in nuclear power with private participation and small modular reactors (SMRs), alongside energy storage (battery and pumped hydro) as a priority.
• Challenges include high costs and long waiting periods for nuclear and storage projects, transmission issues in renewable-rich states, and financial pressure on DISCOMs.
• Experts suggest renewable companies seek group tax consolidation, lower GST on components, and direct tax incentives for nuclear startups.
• Stocks like NTPC, PFC, REC, Adani Power, JSW Energy, and Torrent Power are under watch, with long-term benefits expected from budget announcements.

Why It Matters: Budget 2026 is expected to set a long-term direction for green energy, nuclear, and storage, benefiting specific stocks.