September 17, 2024 00:56 (IST)
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Cabinet approves Viability Gap Funding (VGF) scheme for implementation of offshore wind energy projects

Cabinet approves Viability Gap Funding (VGF) scheme for implementation of offshore wind energy projects

New Delhi: The Union Cabinet, chaired by Prime Minister Narendra Modi, Wednesday approved the Viability Gap Funding (VGF) scheme for offshore wind energy projects at a total outlay of Rs.7453 crore.

Union Cabinet approves Viability Gap Funding for 4,000 MWh battery energy storage projects

Union Cabinet approves Viability Gap Funding for 4,000 MWh battery energy storage projects

New Delhi: The Union Cabinet has approved the scheme for Viability Gap Funding (VGF) for the development of Battery Energy Storage Systems (BESS) with an initial outlay of Rs.9,400 crore, including budgetary support of Rs 3,760 crore.