Wire · operational-macro
Cabinet clears ₹14500 crore VGF scheme to develop 92 GWh grid-scale energy storage capacity
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Fusion42 · 4 November 2026 · Fusion42 review
The Indian government has approved a ₹14,500 crore Viability Gap Funding scheme to develop 92 GWh of grid-scale energy storage capacity by 2031, aiming to boost renewable energy integration and energy security through significant investment and domestic manufacturing requirements.
This Wire brief sits within Fusion42's coverage of Climate Tech, and 5 sources have reported it.
◆ ◆ The Wire takeaway
The government just made grid-scale energy storage a fast-growing market with big funding and guaranteed projects. You can now pitch to utilities backing new storage tech or build supply chains around the domestic battery manufacturing requirement.
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5 sources · 4 Nov 2026
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