India's FY 2026 budget boosts solar funding by 32%
after close1 source ↓written by the desknot a recommendation
- with funding rising
- 32%
- ₹305.39 billion
- Energy increased
- 24%
- ₹329.15 billion
The Indian solar sector received a significant boost in the FY 2026 budget, with funding rising 32% to ₹305.39 billion. The total allocation for the Ministry of New and Renewable Energy increased by 24% to ₹329.15 billion. Key measures include customs duty exemptions for solar manufacturing inputs and subsidies for residential solar initiatives.
Not investment advice. For informational purposes only.