SENSEX
NIFTY
GOLD
USD/INR

Weather

image 31    C

Economy News

The Economic Times

Economy / The Economic Times

details

MoF approves scheme for floating solar battery storage

India is set to boost renewable energy with a new 5,500 crore floating solar battery storage scheme. The finance ministry's expenditure finance committee has approved the plan. This initiative aims to encourage states to install floating solar panels. It will help reduce reliance on fossil fuel imports. The scheme will be sent to the cabinet for final approval soon.

19 May 2026 12:22 am