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The Economic Times

Economy / The Economic Times

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Power storage VGF of Rs 15,000 crore in works

India is planning a significant boost for energy storage. A new viability gap funding scheme is in the works for 112 gigawatt-hour projects. This initiative involves an outlay of around 15,000 crore. The plan includes battery storage, pumped storage, and new technology systems. This move aims to enhance energy security and grid stability across the nation.

30 May 2026 5:30 am