National News

Grid-Scale Energy Storage Scheme

November 14 , 2026 8 hrs 0 min 37 0

The Union Cabinet approved a ₹14,500 crore Viability Gap Funding (VGF) scheme to develop large-scale energy storage systems in India.
The scheme will be implemented from 2026–27 to 2030–31.
It aims to support the development of 92 gigawatt-hours (GWh) of new energy storage capacity across India.
It will support Pumped Storage Projects (PSP), Battery Energy Storage Systems (BESS) and other alternative energy storage technologies.
The scheme aims to strengthen the electricity grid by improving energy storage capacity and supporting the integration of renewable energy.