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Cabinet Approves ₹145 Billion Viability Gap Funding for 92 GWh Energy Storage

The program will support 60 GWh of pumped storage, 30 GWh of battery storage, and 2 GWh of alternative storage technologies

November 4, 2026

/ Arjun Joshi
/ Energy Storage, Market & Policy, Paid
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The Union Cabinet has approved a ₹145 billion (~$1.53 billion) viability gap funding (VGF) program to support the development of 92 GWh of grid-scale energy storage capacity across India between the financial years (FY) 2027 and 2031.

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Arjun Joshi

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Energy Storageunion cabinetVGF
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