January 30, 2026 : With India’s power sector entering an exciting
phase of growth and renewable energy taking centre stage ahead of the Union
Budget 2026, BC Jindal Group Promoter Shyam Sunder Jindal said on Friday that India’s clean energy
transition will be driven by the seamless deployment of large-scale battery
storage solutions and infrastructure.
Sharing his thoughts on the
upcoming Budget 2026, Mr.
Shyam Sunder Jindal said, “FY26 marks a defining period for India’s
power sector, with significant capacity additions driven predominantly by
renewable energy. As clean power generation gathers significant pace,
installing energy storage solutions will become crucial in shaping the sector’s
next phase of growth. In the upcoming Budget 2026, favourable regulations and
policies that enable the seamless deployment of large-scale battery storage
infrastructure and solutions alongside renewable projects are expected to guide
the industry’s expansion.”
Emphasising that access to
financing remains a vital requirement for renewable energy projects, Jindal added,
“We are observing the commissioning of large-scale initiatives that focus on
deploying solar rooftop infrastructure, and, therefore, interventions that
support project financing and address supply-chain bottlenecks will aid growth
at scale. Further, strengthening the policy framework to enhance skilled
employment generation will have a positive impact on the industry’s competitive
advantage in the long-term, contributing meaningfully to India’s transition to
clean energy.”
In 2025, India witnessed its
highest-ever renewable energy expansion, as the country’s non-fossil
power installed capacity reached 263 GW. The industry is now well on track to
achieve the national target of installing 500 GW of non-fossil energy capacity
by 2030. As power demand rises significantly, India’s clean energy transition
will be led by a shift toward round-the-clock solutions, storage-backed
capacity and hybrid renewable projects.
Founded in 1952, the BC Jindal Group, led by Shyam Sunder Jindal, has steadily expanded its presence
across sectors such as packaging films, energy, and steel products.