The power sector in India is eagerly anticipating the upcoming Budget with key demands focused on the renewable energy segment. Stakeholders are seeking incentives, financing support, and policy measures to enhance the hydropower sector, extend renewable project waivers, and boost the transition to sustainable energy sources. Analysts highlight the necessity of substantial advancements to achieve the ambitious target of 500 GW of renewable energy capacity by 2030. Expectations also extend to tax reductions, budget allocations for solar installations and green hydrogen promotion. Notably, the National Green Hydrogen Mission and the Ministry of New and Renewable Energy are poised for increased support. With India's power demand on the rise and a shift towards sustainable energy, significant investment opportunities are foreseen in areas like thermal capacity, offshore wind, and hydrogen data centers, offering substantial growth potential for relevant companies. Stock analysts predict good growth prospects for the power sector, with notable companies to watch for benefiting from increased allocations and private investments.