On 4 November, the Union Cabinet approved a ₹14,500 crore viability-gap funding scheme to support 92 GWh of grid-scale energy storage capacity. The programme includes 30 GWh of battery storage, 60 GWh of pumped storage and 2 GWh of emerging storage technologies.
Energy developers, battery manufacturers, engineering companies and power infrastructure suppliers can explore opportunities in storage systems and grid modernisation. HPC can support equipment sourcing and project-related commercial introductions.
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