New Delhi, Feb. 1 -- The Centre will roll out a scheme to incentivize the carbon capture, utilization, and storage (CCUS) technologies with an outlay of Rs.20,000 crore for a period of five years, Union finance minister Nirmala Sitharaman announced in her Budget 2026 speech.

Presenting the Union Budget 2026-27, Sitharaman said the government would incentivize these technologies to scale up and achieve higher readiness levels in end-use applications across sectors.

CCUS would be used across five key sectors: power, steel, cement, refineries, and chemicals.

" Rs.20,000 crore for CCUS in the next five years for readiness and end-use applications will help in blue hydrogen production for industries like steel, cement, etc.," said Suddhasat...