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Cabinet approves the Scheme titled Viability Gap Funding for Development of Battery Energy Storage Systems (BESS)

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Cabinet approves the Scheme titled Viability Gap Funding for Development of Battery Energy Storage Systems (BESS)

✅ Government Unveils BESS Scheme to Energize the Nation for a Brighter Tomorrow

✅ BESS projects of total 4,000 MWh to be developed by 2030-31 under the Scheme through competitive bidding

✅ Viability Gap Funding (VGF) for the development of the BESS Scheme, with an initial outlay of Rs.9,400 crore, including budgetary support of Rs.3,760 crore

✅ A minimum of 85% of the BESS project capacity to be made available to Distribution Companies (Discoms)

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