India Unveils Second VGF Tranche for 30 GWh BESS Development
The disbursement of VGF will be milestone-based: 20% upon financial closure, 50% upon commissioning, and the remaining 30% after one year of operation
The disbursement of VGF will be milestone-based: 20% upon financial closure, 50% upon commissioning, and the remaining 30% after one year of operation
The CEA emphasized India’s need to enhance local manufacturing of crucial battery components such as BMS, fire protection systems, liquid cooling systems, and BESS containers.
The NEP plans to expand transmission lines by 190,000 circuit kilometers to support 600 gigawatts of RE capacity over the next ten years
A recent event highlighted the Indian carbon market’s potential for decarbonization and the role of e-mobility in energy transition