viability gap funding

Union Cabinet approves Rs.14,500-crore VGF scheme for energy storage

The Union Cabinet, chaired by Prime Minister Narendra Modi, has 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 FY27 to FY31 Read more

Power ministry launches Rs.5,400-crore VGF scheme for 30 GWh BESS capacity

The Union power ministry has announced a viability gap funding (VGF) scheme worth Rs.5,400 crore for supporting 30,000 MWh (or 30 GWh) of BESS capacity. The scheme will provide VGF of Rs.18 lakh per MWh with a view to Read more