Renewable Energy Industry Presents Budget Wishlist for 2026
The renewable energy sector in India has submitted its key demands for the upcoming Union Budget 2026. Industry leaders are actively seeking substantial support from the government to accelerate growth and innovation.
Focus on Research and Development
Companies operating in solar, wind, and other renewable domains strongly advocate for enhanced sops dedicated to research and development. They believe targeted incentives will fuel technological advancements and improve efficiency across the sector.
Call for Affordable Green Finance
A major point of emphasis is the need for more accessible and affordable green finance options. The industry highlights that long-term, low-cost financing is crucial for executing large-scale projects and meeting national clean energy targets.
Infrastructure and Transmission Upgrades
Beyond financial measures, the sector has also requested concrete steps to ramp up transmission infrastructure. Strengthening the grid is essential for effectively integrating the increasing share of renewable power into the national energy mix.
These proposals come ahead of Finance Minister Nirmala Sitharaman's presentation of the budget for the fiscal year 2026-27. Stakeholders are hopeful that the government will address these critical areas to sustain momentum in India's green energy transition.
