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India Battery Energy Storage Systems (BESS) Development Scheme

Sector: Geothermal • Location: India

Source: Carbon Copy

Project
Planned

India announced a viability gap funding scheme worth $631 million to build 30 gigawatt-hours (GWh) of new battery energy storage systems (BESS) to ensure round-the-clock renewable energy capacities. The scheme targets 15 states with allocations of 25 GWh and 5 GWh to the state-run National Thermal Power Corporation (NTPC). Additionally, a 100% waiver on Inter-State Transmission charges for BESS pr

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The project “India Battery Energy Storage Systems (BESS) Development Scheme” is an infrastructure initiative in the Geothermal sector, located in India. Taiyo aggregates data on it from Carbon Copy.

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Description

Description

India announced a viability gap funding scheme worth $631 million to build 30 gigawatt-hours (GWh) of new battery energy storage systems (BESS) to ensure round-the-clock renewable energy capacities. The scheme targets 15 states with allocations of 25 GWh and 5 GWh to the state-run National Thermal Power Corporation (NTPC). Additionally, a 100% waiver on Inter-State Transmission charges for BESS projects co-located or built within renewable energy projects commissioned by June 30, 2028, was approved to accelerate development.

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High

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100%

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