Budget 2026: Incentives likely for carbon capture, utilisation & storage tech

Union Budget 2026: India's government is exploring incentives for carbon capture technology in the upcoming FY27 Budget. This move aims to reduce emissions from crucial sectors like power, steel, and cement. The CCUS program, with a significant government allocation, is planned in phases. This technology is vital for India's energy security and its commitment to net-zero emissions by 2070.