
Union Budget 2026 : Key Take Aways for Energy Sector
1) Carbon Capture, Utilization & Storage (CCUS): Allocation of INR20,000 crore (US$2.19bn) over 5 years. It’s the first large, explicit fiscal push for CCUS in

1) Carbon Capture, Utilization & Storage (CCUS): Allocation of INR20,000 crore (US$2.19bn) over 5 years. It’s the first large, explicit fiscal push for CCUS in

Petrochemical Expansion The future of India’s chemicals and petrochemicals industry will be shaped by global demand shifts, sustainability imperatives and market evolution. Together, these forces

Oil products consumption in India was very robust during November 2025 to total 21.3 KT (5.7 MMBD), an increase of 5.5%, m-o-m and 3.0%, y-o-y.

Petrochemical Expansion Petrochemicals demand in India is estimated to be about US$300bn in 2025 and expected to rise to about US$390bn in 2030. The next

Oil product consumption in India was 21.3 MMT in May, an increase of 5.7% m-o-m and 1.1% y-o-y. Among the major products, the strongest growth

Key Trends Shaping India’s Energy Sector Renewable Power Expansion: One of the strongest trends currently shaping India’s energy landscape is the expanding renewable power capacity.