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India Unlocks $1.53B for 92 GWh Grid Storage Expansion

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India Unlocks $1.53B for 92 GWh Grid Storage Expansion

The Indian government has officially approved a $1.53 billion viability gap funding scheme to accelerate the deployment of 92 GWh of grid-scale energy storage. This strategic capital injection targets pumped hydro and battery technologies to stabilize the national grid by the 2030-31 fiscal year.

November 6, 2026Published 1 hour ago