Ministry Issues Viability Gap Funding Guidelines for Battery Storage

The ₹94 billion program will provide VGF for 4,000 MWh of BESS capacity

March 20, 2024

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The Ministry of Power (MoP) has issued the operational guidelines for the ₹94 billion (~$1.1 billion) program to provide viability gap funding (VGF) of up to 40% to develop 4,000 MWh of battery energy storage systems (BESS) capacity across the country.

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Arshreet Singh

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Ministry Issues Viability Gap Funding Guidelines for Battery Storage

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