Policy Highlight :

• Financial Support: Provides up to Rs 27 lakh/MWh to bridge the viability gap and support large-scale energy storage deployment.
• Core Objective: Integrates intermittent renewable energy, stores surplus power, and supplies electricity during peak/non-solar hours.
• Implementation: Uses the VGF framework to ease financing constraints and accelerate national energy storage infrastructure.
• Quality Standards: Requires compliance with stringent technical, safety and performance standards to ensure reliable and long-term operation.