Cabinet Approves ₹14,500-Crore Scheme to Add 92 GWh Energy Storage Capacity
The scheme will support 30 GWh of battery storage and 60 GWh of pumped hydro as India expands grid capacity for renewable power.
- The Union Cabinet on Wednesday approved a Rs 17,500 crore Viability Gap Funding Scheme to develop 92 GWh of grid-scale energy storage capacity between FY27 and FY31. The initiative strengthens power sector infrastructure for reliable electricity supply.
- India faces a critical challenge as renewable energy supply fluctuates, necessitating advanced storage to meet a 411 GWh target by 2031-32. This new scheme will support capacity equal to 170% of the country's existing grid-scale energy storage system infrastructure.
- Information and Broadcasting Minister Ashwini Vaishnaw stated the plan targets 30 GWh for Battery Energy Storage Systems , 60 GWh for Pumped Storage Projects , and 2 GWh for emerging technologies. These systems convert renewable electricity into storable forms.
- The Ministry of Power is already implementing two prior viability gap funding schemes supporting 43.8 GWh of BESS capacity with Rs 9,160 crore in combined financial support. These projects serve 15 states and NTPC Ltd. to optimize transmission infrastructure.
- Implemented over five years, the initiative strengthens grid stability and energy security while advancing the vision of Atmanirbhar Bharat and Viksit Bharat. This deployment facilitates large-scale renewable integration as India scales up its climate goals.
14 Articles
14 Articles
Centre clears Rs 14,500-crore scheme to develop 92 GWh grid-scale energy storage capacity
New Delhi, Nov 04: The Union Cabinet, chaired by the Prime Minister Shri 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 FY 2026-27 to FY 2030-31. The scheme aims to support the development of 92 GWh of, yet to be commissioned; energy storage capacity across the country. The scheme will support creation of new…
Cabinet clears ₹14,500 crore viability gap funding scheme for 92 GWh battery energy storage systems
The scheme is aimed at supporting the development of 92 GWh storage capacity across three technologies — Battery Energy Storage System (30 GWh), Pumped Storage Projects (60 GWh) and Emerging Storage Technologies (2GW)
Cabinet approves Rs 14,500-crore scheme to support 92 GWh energy storage capacity
The latest VGF scheme expands government support beyond battery storage to include pumped hydro and alternative storage technologies, with 60 GWh of the targeted 92 GWh capacity earmarked for pumped hydro. The government had earlier announced two separate VGF initiatives for battery storage, supporting a combined capacity of around 43.85 GWh.
The Economic Times
Times of IndiaCabinet approves ₹14,500-crore scheme to add 92 GWh energy storage capacity
The Union Cabinet has approved a significant ₹14,500-crore scheme aimed at developing new energy storage capacity. This funding will support the establishment of 92 GWh of grid-scale energy storage across India. Additionally, 850 fast-track courts will be set up to expedite cases involving child abuse and rape. The government has also created a pathway for the enrollment of 25% of Agniveers in the armed forces.
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