From The Shillong Times
Center Owned by The Shillong TimesCabinet okays Rs 14,500 crore viability gap funding for grid-scale energy storage systems
What's behind this
The Union Cabinet approved a ₹14,500‑crore viability gap funding (VGF) scheme to develop grid‑scale energy storage in India. The scheme targets the creation of 92 GWh of battery storage capacity nationwide and is planned to be implemented over five years, from the 2026‑27 to the 2030‑31 financial years. It is intended to support and strengthen the country’s energy storage capabilities.
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 · 3 outlets
From AI-powered data systems to lithium and nickel processing plants, the Centre has cleared two initiatives aimed at strengthening India's...
-
center · 6 outlets
New Delhi, Nov 4: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved a capex support scheme to promote critical mineral processing with a financial outlay of Rs 2,814 crore over a period of five years. The ‘Capex Support Scheme to Promote Critical Mineral Processing…
-
right · 4 outlets
The government has approved a Rs 2,814 crore scheme to promote processing of critical minerals such as lithium and nickel. The Cabinet, chaired by Prime Minister Narendra Modi, took the decision along with several others. Information and Broadcasting Minister Ashwini Vaishnaw shared the information…
— India TV
RSS excerpt
New Delhi, Nov 4: The Union Cabinet, chaired by Prime Minister Narendra Modi, on Wednesday approved the Viability Gap Funding (VGF) Scheme for development of grid-scale energy storage systems, with a total financial support of Rs 14,500 crore for the period FY 2026-27 to FY 2030-31. The scheme aims…
