The Union Cabinet on Wednesday approved the scheme for viability gap funding (VGF) of ₹3,760 crore for the development of battery energy storage systems (BESS). “The approved scheme envisages ...

India's Union Cabinet, chaired by Prime Minister Narendra ... The move is expected to bring down the cost of battery storage systems, increasing their viability. The VGF for the development ...

New Delhi: The Union Cabinet approved a ₹3,760 crore viability gap fund (VGF)—grants aimed at enhancing the viability of infrastructure projects—for battery energy storage systems (BESS), in ...