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VIABILITY GAP FUNDING FOR BATTERY ENERGY STORAGE SYSTEMS – EQ

In Short : India has approved Viability Gap Funding (VGF) to support the development of 4,000 MWh Battery Energy Storage Systems (BESS) by 2030-31. The initiative aims to enhance grid reliability, enable renewable energy integration, and make storage solutions commercially viable. VGF will reduce project costs, accelerating India’s transition towards a clean, sustainable, and energy-secure […]

S. M. Ramanathan Appointed Director of Engineering & R&D at BHEL – EQ