Current Affairs · Renewable Energy

Which financial support scheme was approved by the Union Cabinet for the development of Battery Energy Storage Systems (BESS) in India?

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1Viability Gap Funding (VGF)✓
2Production Linked Incentive (PLI)
3Accelerated Depreciation Benefit
4Capital Investment Subsidy

Correct answer

Viability Gap Funding (VGF)

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Which financial support scheme was approved by the Union Cabinet for the development of Battery Energy Storage Systems (BESS) in India?

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