Rs 50,000 cr worth push for PM KUSUM expected in Budget 2026!

The upcoming Union Budget is expected to significantly scale up support for renewables, with a sharper focus on PM-KUSUM 2.0 and domestic battery manufacturing. Government discussions indicate that the next phase of PM-KUSUM may integrate battery storage with feeder-level solarisation, aligning farm power reform with grid-scale storage needs. Policy planners are weighing a consolidated clean energy and storage push, with proposals that could take the overall outlay for PM-KUSUM and associated decentralised renewable schemes beyond ₹50,000 crore over the coming years. This is likely to be backed by incentive-led financing and possible PLI-style support for advanced chemistry cell batteries and long-duration storage to reduce import dependence and build a domestic value chain. Together, these moves would position Budget 2026 as a key inflection point for India’s energy transition architecture.