The Union Budget 2026 places solar power at the heart of India’s clean energy strategy, with increased allocations and focused policy support for manufacturing, storage, grid resilience, and decentralised deployment. It also expands rooftop solar schemes and strengthens transmission and storage integration.
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The Union Budget 2026 has exempted customs duty on key solar glass inputs, significantly reducing production costs for domestic manufacturers. This move strengthens India’s upstream solar supply chain and supports the government’s goal of building a self-reliant solar manufacturing ecosystem.
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NTPC has commissioned 210 MW under Phase-I of its 1.2 GW Khavda II solar project in Gujarat. The milestone reinforces NTPC’s renewable expansion strategy and highlights Khavda’s emergence as one of India’s largest renewable energy hubs.
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Union Budget 2026 has introduced targeted policy and fiscal measures to promote lithium-ion battery energy storage system (BESS) manufacturing. The initiative aims to strengthen India’s grid resilience, support renewable integration, and reduce reliance on imported storage technologies.
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Engineering Projects India has invited expressions of interest for a 250 MW solar PV project near Bikaner, Rajasthan, under SJVN Green Energy’s tender roadmap. The project reflects sustained momentum in utility-scale solar development across high-irradiation zones.
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Kerala and Tamil Nadu have discovered competitive standalone BESS tariffs ranging from ₹1.81 lakh to ₹3.15 lakh. The development signals improving commercial viability of grid-scale storage and growing confidence among developers in India’s energy storage market.
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Tata Power has commissioned two 765 kV transmission corridors in Uttar Pradesh, enabling evacuation of nearly 3,000 MW of power. The infrastructure upgrade enhances grid reliability and supports large-scale renewable power integration across northern India.
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Fujiyama Power Systems reported 74% year-on-year revenue growth in Q3 FY26 and commissioned a 1 GW solar cell manufacturing plant. The expansion underlines rising demand for domestically produced solar components amid supportive policy measures.
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