Renewables
India approves Viability Gap Funding to support 92GWh of BESS and pumped hydro energy storage capacity
CEII brief
Energy-Storage.news reported on 6 Nov 2026: India approves Viability Gap Funding to support 92GWh of BESS and pumped hydro energy storage capacity.
Read the full story on Energy-Storage.newsIndia’s Union government has approved the next IR145 billion (US$1.5 billion) phase of the Viability Gap Funding (VGP) policy support mechanism for energy storage capacity additions.
Context from CEII
Renewables are the fastest-growing part of the world’s energy system. The COP28 goal is to triple capacity by 2030, and solar mini-grids are the fastest route to power for millions of people without electricity.
19.1% of electricity in India was renewable in 2021Countries in this story
Original reporting © Energy-Storage.news. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
