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Government funding boost for battery storage projects

pre-market1 source ↓written by the desknot a recommendation

The government plans to support battery storage projects using locally made components as part of the GEC-3 initiative. This program aims to enhance India's renewable energy capacity by providing viability gap funding to make projects commercially viable. A consultation to finalize guidelines for local components is expected within two months. ⚡

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 1 Oct 2026, 07:12 IST.

Sourcesnews.google.com

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