Question

By which year does the Union Cabinet aim to develop 4 gigawatts (GW) of battery storage through the approved viability gap funding (VGF) scheme?

A 2025-26 Correct Answer Incorrect Answer
B 2027-28 Correct Answer Incorrect Answer
C 2030-31 Correct Answer Incorrect Answer
D 2034-35 Correct Answer Incorrect Answer
E 2039-40 Correct Answer Incorrect Answer

Solution

The Union Cabinet has approved a scheme for providing viability gap funding (VGF) for developing battery storage of 4 gigawatts (Gw) by 2030-31. The VGF for the battery energy storage system (BESS) will have an initial outlay of Rs 9,400 crore and this will include a budgetary grant of Rs 3,700 crore.

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