Cabinet Approves Rs 14,500-Crore Scheme to Boost Energy Storage Projects

The Union Cabinet has cleared a Rs 14,500-crore scheme aimed at promoting energy storage projects across India. The initiative is designed to support the development of 92 GWh of energy storage capacity that has yet to be commissioned in the country. The scheme seeks to strengthen the capacity to store electricity, which can help balance supply and demand in the power sector. The source article provides limited further detail on the timeline and implementation mechanisms of the scheme.
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