New Register for Workshop on How to start for NABARD 2025 (Stepwise Plan) - Apr 26, 7 PM

    Question

    In which year is the development of 4,000 MWh of

    VGF-BESS projects, with financial support of up to 40% of the capital cost as Viability Gap Funding (VGF), projected to be completed?
    A 2025-26 Correct Answer Incorrect Answer
    B 2027-28 Correct Answer Incorrect Answer
    C 2030-31 Correct Answer Incorrect Answer
    D 2035-36 Correct Answer Incorrect Answer
    E 2046-47 Correct Answer Incorrect Answer

    Solution

    The Union Cabinet, chaired by the Hon'ble Prime Minister approves the Scheme for Viability Gap Funding (VGF) for development of Battery Energy Storage Systems (BESS). The approved scheme envisages development of 4,000 MWh of BESS projects by 2030-31, with a financial support of up to 40% of the capital cost as budgetary support in the form of Viability Gap Funding (VGF).

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