Union Budget 2026: A power play for growth, green energy & technology

On 1 February 2026, Finance Minister Nirmala Sitharaman presented the Union Budget for FY 2026–27. She reaffirmed the government’s commitment to infrastructure-led growth, technology adoption, and domestic manufacturing, all while maintaining fiscal prudence as its primary focus. Anchored in the Viksit Bharat vision, the Budget avoids dramatic tax overhauls and instead prioritizes long-term nation-building.

In this blog, we provide a factual summary of key announcements across power, renewables, grid infrastructure, storage, nuclear energy, and emerging clean technologies, as well as policy measures relevant to businesses throughout the energy value chain.