New Delhi, Feb. 1 -- The union budget for FY26 continued with the government's emphasis on energy transition announcing a Nuclear Energy Mission with an outlay of Rs.20,000 crore for research and development of small modular reactors (SMR).

Finance minister Nirmala Sitharaman, while presenting the budget, also announced measures to boost the manufacturing of components in the green energy space and support power transmission infrastructure, which is key to India's green energy goals.

She outlined a target to develop at least 100 GW of nuclear energy by 2047. India's nuclear power capacity currently stands at 8.18 GW, and the targeted 500 GW of non-fossil capacity by 2030 includes the projected nuclear capacity of 22.48 GW by 2030.

"Dev...