INTIEAIndia · Support for the development of Battery Energy Storage Systems (BESS) -Scheme for Viability Gap Funding (VGF)PolicyIn force

Support for the development of Battery Energy Storage Systems (BESS) -Scheme for Viability Gap Funding (VGF)

I September 2023, the Indian Ministry of Power earmarked funding for a project grant scheme supporting the development of Battery Energy Storage Systems (BESS). The scheme will provide viability gap funding for BESS projects up to a total of 40% of capital costs, by 2030-31. The…

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Country / jurisdiction: India · Year: 2023 · Status: In force · Level: National · Type: Voluntary

I September 2023, the Indian Ministry of Power earmarked funding for a project grant scheme supporting the development of Battery Energy Storage Systems (BESS). The scheme will provide viability gap funding for BESS projects up to a total of 40% of capital costs, by 2030-31. The Indian government aims to invest in the development of up to a capacity of 4000 MWh.

Official source: https://pib.gov.in/PressReleasePage.aspx?PRID=1955113

المصدر

https://www.iea.org/policies/19896

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