ReferIndia News Power storage VGF of Rs 15,000 crore in works

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Power storage VGF of Rs 15,000 crore in works

Published on: May 30, 2026, 5:30 a.m. | Source: The Economic Times

India is planning a significant boost for energy storage. A new viability gap funding scheme is in the works for 112 gigawatt-hour projects. This initiative involves an outlay of around ₹15,000 crore. The plan includes battery storage, pumped storage, and new technology systems. This move aims to enhance energy security and grid stability across the nation.

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