From The Hindu BusinessLine
Center-Right Owned by The Hindu Group (Kasturi & Sons)Govt approves ₹14,500-crore VGF scheme for grid-scale energy storage systems
What's behind this
The Indian Union Cabinet has approved a ₹14,500‑crore viability gap funding scheme to develop 92 GWh of grid‑scale energy storage capacity nationwide. The programme is slated to run for five years, from the 2026‑27 fiscal year through 2030‑31, and is intended to strengthen the country’s battery storage infrastructure.
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left · 1 outlet
New Delhi: The Union Cabinet on Wednesday approved a Rs 14,500-crore Viability Gap Funding (VGF) scheme to develop 92 GWh of grid-scale energy storage capacity, aiming to accelerate renewable energy integration and strengthen power supply reliability. The five-year programme, running until fiscal…
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center · 2 outlets
The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the Viability Gap Funding (VGF) Scheme for the Development of Grid-Scale Energy Storage Systems, with financial support of Rs 14,500 crore for the period from FY 2026-27 to FY 2030-31. The scheme aims to support the…
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right · 1 outlet
The scheme aims to support the development of 92 GWh of energy storage capacity across the country
RSS excerpt
The scheme aims to support the development of 92 GWh of energy storage capacity across the country
