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.