TERI, an India-based research institute, has reviewed Union Budget 2026–27 presented on February 1. The Indian Budget has allocated INR 20,000 crore (~ $2.2 billion) over five years for carbon capture, utilisation and storage (CCUS) in hard-to-abate sectors. TERI has noted continued focus on renewable energy, grid expansion, energy storage, and nuclear small modular reactors. The fiscal plan has also proposed a INR 10,000 crore (~ $1.1 billion) outlay for a container manufacturing scheme. Infrastructure provisions have included an East-West dedicated freight corridor between Dankuni and Surat. The transport plan has further outlined high speed rail development across six major corridors. Environment spending has shown pollution control allocations rising from INR 853 crore (~ $93.8 million) to INR 1,300 crore (~ $143 million) in revised estimates.
TERI highlights renewable focus in Budget 2026–27
Following the announcement of Union Budget 2026–27, TERI highlighted INR 20,000 crore allocated for CCUS and continued support for renewable energy and grid expansion.
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