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Below Reaction On Post-Budget by Mr. Riju Jhunjhunwala, Managing Director, Bhilwara Energy Ltd

The Union Budget 2026-27 reflects a strong and forward-looking commitment to sustainable growth, anchored in fiscal discipline and strategic investment. The projected fiscal deficit of 4.3 per cent of GDP and ongoing fiscal consolidation provide a stable foundation for long-term investments in the energy sector.

The increase in capital expenditure to ?12.2 lakh crore demonstrates a clear push toward infrastructure and technology-driven development, creating an enabling environment for clean energy integration and long-term renewable projects. Key measures such as the India Semiconductor Mission 2.0 and customs duty exemptions for battery energy storage systems and solar glass directly support technology adoption and energy security, making renewable energy projects more feasible and cost-effective.

Overall, the Budget reinforces confidence in scaling clean energy solutions, strengthening energy infrastructure, and advancing India’s transition to low-carbon, resilient, and future-ready energy systems.”

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