Poging GOUD - Vrij
₹5,400 cr VGF announced for battery storage
Mint Kolkata
|June 11, 2025
Union minister for power Manohar Lal on Tuesday said the government will roll out an additional viability gap funding (VGF) worth ₹5,400 crore for setting up 30 GWh of battery energy storage systems (BESS).
Addressing journalists, the minister announced several plans to meet rising power demand and achieve India's ambitious net zero target of 2070. The incentive will be over and above the existing incentive worth ₹3,700 crore VGF under which 13.2 GWh of BESS is currently under implementation.
The initiative will attract investments worth ₹33,000 crore, he said. Under the scheme, 15 states will receive allocations for 25 GWh of storage capacity and state-run NTPC Ltd will get 5 GWh.
Dit verhaal komt uit de June 11, 2025-editie van Mint Kolkata.
Abonneer u op Magzter GOLD voor toegang tot duizenden zorgvuldig samengestelde premiumverhalen en meer dan 9000 tijdschriften en kranten.
Bent u al abonnee? Aanmelden
MEER VERHALEN VAN Mint Kolkata
Mint Kolkata
The dollar is far from dead and the yuan is not staging a coup
Greenback doomsayers got it wrong. The dollar's reign is not over
3 mins
October 10, 2025
Mint Kolkata
Sebi's Ananth Narayan steps down
Narayan headed market regulation and the department dealing with foreign investors.
1 min
October 10, 2025
Mint Kolkata
Corporate governance needs to go well beyond mere compliance
Shareholders now demand more than mere regulatory compliance to monitor the governance of companies they partly own
3 mins
October 10, 2025
Mint Kolkata
Intel unveils new tech in turnaround push
Intel Corp., the embattled chipmaker now backed by the US government, introduced new products and manufacturing technology that are central to its turnaround bid.
1 min
October 10, 2025
Mint Kolkata
Shipbuilding stocks are likely to stay anchored
India's shipbuilding stocks are trading well above their 200-day moving average, a sign of rising investor confidence.
3 mins
October 10, 2025
Mint Kolkata
Silver ETFs fired up by scarcity, festivals
Silver exchange traded funds or ETFs opened Thursday with a record 10-12% premium to spot prices, underscoring a scramble for the metal as festive buying, industrial use, and investor FOMO (fear of missing out) drove up demand against tight supplies.
1 min
October 10, 2025
Mint Kolkata
Go First files plea against Air Works
Bankrupt airline Go First has filed a fresh plea before the National Company Law Tribunal (NCLT), Delhi, seeking the release and disclosure of several aircraft components, primarily small tyres and wheels, that it claims are being withheld by maintenance, repair and overhaul (MRO) firm Air Works India (Engineering) Pvt. Ltd, a subsidiary of the Adani Group.
1 min
October 10, 2025
Mint Kolkata
Nestlé looks beyond Maggi, bets on India petcare boom
Nestlé SA sees India as a potential top-three global petcare market after the US and China
2 mins
October 10, 2025
Mint Kolkata
Tax residency depends on your travel pattern and primary base
I am a salaried individual employed by an Indian company that allows me to work remotely. I get paid in India. My spouse lives abroad, so I frequently travel outside the country. Over the last two years, I have spent at least three months each year in India.
2 mins
October 10, 2025
Mint Kolkata
It is time to strengthen India-Afghanistan ties
An Afghan minister's visit right after New Delhi joined hands with other countries to rebuff America's eyeing of Bagram offers us a chance to re-imagine the regional balance of power
2 mins
October 10, 2025
Listen
Translate
Change font size