EnergyMarket hours
India's renewable sector sees ₹31,000 Cr capex plans
market hours1 source ↓written by the desknot a recommendation
- investment surge
- ₹33,000 crore
- Viability Gap Funding
- ₹5,400 crore
- of BESS capacity
- 30 GWh
- of renewable energy
- 13,000 MW
India's renewable energy sector is set for a ₹33,000 crore investment surge, driven by a new ₹5,400 crore Viability Gap Funding scheme for Battery Energy Storage Systems (BESS). This initiative aims to enhance grid reliability and support large-scale renewable integration, with 30 GWh of BESS capacity planned.
The government’s push for 13,000 MW of renewable energy in Ladakh further underscores the commitment to clean energy, potentially attracting significant investments. ⚡
Not investment advice. For informational purposes only.