Daily News Wrap-Up: Solar, EVs and Manufacturing Receive Boost in Budget 2026

Underbidding in battery energy storage auctions raises questions over project viability

February 2, 2026

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The Union Budget 2026–27 placed clean energy and manufacturing at the center of India’s growth strategy, unveiling targeted outlays, customs duty rationalization, and policy reforms to accelerate renewables, electric vehicles (EVs), critical minerals, and semiconductor manufacturing.

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