Energy Security and Climate Action

Aligning with India’s Net Zero goals, the budget introduces new technologies and incentives to decarbonise industry.

The focus is on carbon capture, renewable fuels, battery storage and solar-linked inputs to strengthen clean energy transition.

Initiative	Details
CCUS	Carbon Capture, Utilization and Storage has received an outlay of Rs. 20,000 crore over five years.
Industrial Readiness	The CCUS initiative aims to achieve readiness in five industrial sectors by 2030.
Biogas Blended CNG	The value of biogas has been excluded while calculating excise duty to promote renewable energy use in CNG blending.
Renewable Energy Inputs	Customs duty exemptions have been provided on inputs for Battery Energy Storage Systems and solar.

PT Facts

Net Zero Target: India has announced a target of achieving net-zero emissions by 2070.
CCUS: Carbon Capture, Utilization and Storage helps capture carbon dioxide from industrial sources and either store or reuse it.
Biogas: A renewable fuel produced from organic waste through anaerobic digestion.
Battery Energy Storage Systems: Important for grid stability and integration of renewable energy like solar and wind.

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