India approves Viability Gap Funding to support 92GWh of BESS and pumped hydro energy storage capacity

T2Covered by 1 source · first reported by Utility Dive / pv magazine / Energy-Storage.news at 06 Nov, 14:02 UTC

India’s Union government has approved the next IR145 billion (US$1.5 billion) phase of the Viability Gap Funding (VGP) policy support mechanism for energy storage capacity additions. In addition, a Ministry of Power official has reportedly said state power companies will likely soon be required to…

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Sources

• T2India approves Viability Gap Funding to support 92GWh of BESS and pumped hydro energy storage capacityUtility Dive / pv magazine / Energy-Storage.news06 Nov, 14:02