The Union Budget presented on February 1, 2026, increased funding for renewable energy and the Pradhan Mantri Surya Ghar scheme, reflecting the government’s emphasis on clean power and household solar adoption.
The budget earmarked ₹32,914.7 crore for renewable energy, a rise of 30% from the revised estimate of ₹25,301.22 crore for 2025‑26. The additional outlay supports grid‑scale projects, transmission upgrades, and integration of variable renewable sources.
Funding is also directed towards domestic manufacturing of solar and wind components, aiming to reduce reliance on imports and create jobs in the sector.
The Pradhan Mantri Surya Ghar: Muft Bijli Yojana received ₹22,000 crore, up 10% from the previous year’s estimate of ₹20,000 crore and 29% above the revised 2025‑26 estimate of ₹17,000 crore.
The scheme focuses on rooftop solar installations for households, with the objective of lowering electricity costs and expanding solar capacity at the consumer level.
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Renewable energy funding will be used for expanding solar and wind capacity, developing energy storage solutions, and strengthening transmission networks in regions with high renewable potential.
The Surya Ghar allocation will finance subsidies, installation services, and awareness programmes to accelerate rooftop solar uptake across urban and rural areas. Together, the two allocations aim to advance India’s climate commitments, enhance energy security, and support industrial growth linked to clean power.
The 2026 budget raises renewable energy spending to ₹32,914.7 crore and boosts the Surya Ghar scheme to ₹22,000 crore, underscoring a continued fiscal focus on clean energy infrastructure and household solar adoption.
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Published on: Feb 3, 2026, 10:11 AM IST
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