From The New Indian Express
Center Owned by Express Publications (Madurai) Ltd.Odisha CM welcomes Rs 14,500 crore VGF scheme for energy storage projects
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.
AI-generated overview from 2 outlets. It summarises their reporting and adds no reporting of its own.
What each side is saying
One outlet's own words from each side of the spectrum. Quoted, not summarised.
-
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…
-
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…
-
right · 1 outlet
The scheme aims to support the development of 92 GWh of energy storage capacity across the country
RSS excerpt
BHUBANESWAR: Chief Minister Mohan Charan Majhi on Wednesday welcomed the Union cabinet’s approval of a Rs 14,500-crore viability gap funding (VGF) scheme for developing grid-scale energy storage capacity, describing it as a major step towards strengthening renewable energy infrastructure and…
