India’s renewable energy sector is poised for a major investment surge, with projections exceeding $250 billion by 2030. Of this, solar photovoltaic (PV) projects are expected to attract around $15.5 billion, while battery manufacturing could see inflows of ~$2.7 billion, underscoring the nation’s accelerating clean energy transition.

To enhance grid reliability and energy storage capacity, the government has introduced a Rs. 5,400 crore Viability Gap Funding (VGF) scheme for the development of 30 GWh of Battery Energy Storage Systems (BESS). This initiative is projected to draw investments of nearly Rs. 33,000 crore and play a critical role in supporting large-scale renewable energy integration.

In a further boost to renewable infrastructure, the Ministry of New and Renewable Energy (MN

See Full Page