Question
The Union Cabinet has approved viability gap funding for battery storage system.Which of the following statements is/are true with respect to this? I.The Union Cabinet has approved a scheme for providing viability gap funding (VG
- F for developing battery storage of 4 gigawatts (Gw) by 2028-29. II.The VGF for the battery energy storage system (BES
- S will have an initial outlay of Rs 9,400 crore . III.The budgetary grant for the VGF is Rs.2500 crore. IV.The VGF would be disbursed in five tranches and be linked with the various stages of implementation of BESS projects.
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