Question

    By which year does the Union Cabinet aim to develop 4

    gigawatts (GW) of battery storage through the approved viability gap funding (VGF) scheme?
    A 2025-26 Correct Answer Incorrect Answer
    B 2027-28 Correct Answer Incorrect Answer
    C 2030-31 Correct Answer Incorrect Answer
    D 2034-35 Correct Answer Incorrect Answer
    E 2039-40 Correct Answer Incorrect Answer

    Solution

    The Union Cabinet has approved a scheme for providing viability gap funding (VGF) for developing battery storage of 4 gigawatts (Gw) by 2030-31. The VGF for the battery energy storage system (BESS) will have an initial outlay of Rs 9,400 crore and this will include a budgetary grant of Rs 3,700 crore.

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