The revision comes amid declining storage costs, allowing the same budget of ₹3,760 crore to support a higher capacity ...

The Union Cabinet on Wednesday approved a viability gap funding (VGF) scheme for offshore wind ... crore for installation and commissioning of 1 gigawatt (GW) of offshore wind energy projects ...

By closely monitoring the SIBs development and cost trends, India can leverage VGF to accelerate its adoption and create a more robust and holistic energy storage ecosystem, it suggested.