Budget 2026–27 advances energy storage through cost and financing reforms, but unresolved execution bottlenecks and limited domestic technology support risk constraining India's ability to scale storage and accelerate its renewable energy transitionBudget 2026–27 advances energy storage through cost and financing reforms, but unresolved execution bottlenecks and limited domestic technology support risk constraining India's ability to scale storage and accelerate its renewable energy transitionBudget 2026–27 advances energy storage through cost and financing reforms, but unresolved execution bottlenecks and limited domestic technology support risk constraining India's ability to scale storage and accelerate its renewable energy transition The Union Budget for 2026–27 was unveiled on 1. Storage isn't just technology—it's the backbone of a flexible, resilient power system that can handle peak loads and make every unit of clean energy count. To support this, the Ministry of Power introduced measures like funding for battery storage projects, eased transmission policies, and. The 40% rise in clean energy spend under the Union Budget reflects a stronger industrial policy lens shaping India's transition pathway, said the report. The government has allocated $2. 2 billion over five years for carbon capture, utilisation and storage (CCUS). India Energy Storage Alliance president Debmalya Sen talks us through the highlights and challenges of the past year, as India gets to grips with market development and. ergy, reducing carbon emissions, and achieving net zero by 2070. A cornerstone of this transition is the deployment of Energy Storage Systems (ESS) like Battery Energy Storage Systems (BESS) and Pumped Hydro Storage (PHS), which are indispensable for integrating renewable e ergy sources. s, compiled by Debmaly ner.