
Cabinet approves VGF scheme with budgetary support of Rs 3,760 crore
New Delhi, Sep 6 (UNI) Union Cabinet on Wednesday approved the Scheme for Viability Gap Funding (VGF) for the development of Battery Energy Storage Systems (BESS) with budgetary support of Rs.3,760 crore. The approved scheme envisages the development of 4,000 MWh of BESS projects by 2030-31, with financial support of up to 40% of the…