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India

Cabinet approves ₹14,500-crore scheme for 92 GWh of grid-scale energy storage

The viability gap funding programme backs large-scale electricity storage, which the government says will allow better use of solar and other renewable power.

Photo: The Economic Times

What happened

The Union Cabinet approved a ₹14,500-crore viability gap funding scheme to support 92 GWh of new grid-scale energy storage capacity across India, Minister Ashwini Vaishnaw said. The Economic Times+1 The scheme will be implemented from 2026-27 to 2030-31. The Economic Times Vaishnaw said the programme will let electricity be stored on a large scale and used when required, enabling better use of solar and other renewable energy. Bhaskar English The 92 GWh total is divided into three parts, including 30 GWh of battery-based storage and 60 GWh of pumped storage. Bhaskar English

Around it

At the same meeting the Cabinet approved 850 fast-track courts to hear cases related to child abuse and rape. The Economic Times+1 It also approved a ₹4,371-crore scheme to revamp the data collection system and a scheme for the processing of critical minerals. Bhaskar English The government separately approved a pathway for Agniveers to be absorbed into the armed forces, with 25% to be enrolled based on merit. The Economic Times

Sources

  1. The Economic TimesCabinet approves ₹14,500-crore scheme to add 92 GWh energy storage capacity
  2. Bhaskar English850 fast-track courts to be set up across India: ₹14,500 crore approved to boost electricity storage capacity

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