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Cabinet clears energy-storage scheme; reported funding differs

Economy · First reported 4 Nov, 10:13 · Updated 10:40

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Two reports describe Cabinet approval of a scheme for grid-scale energy storage. One gives the scheme’s funding as Rs 17,500 crore, while the other reports Rs 14,500 crore and says it aims to support 92 GWh of storage capacity yet to be commissioned.

  • The Indian Express reports Cabinet approval of a Rs 17,500 crore scheme to promote grid-scale energy storage.
  • NDTV reports Cabinet approval of an energy-storage project scheme with funding of Rs 14,500 crore.
  • NDTV says the scheme aims to support 92 GWh of energy-storage capacity that has yet to be commissioned across the country.
Summary written by Lux AI from 2 articles

Key facts

Approval
Both reports say the Cabinet approved or cleared an energy-storage scheme.
Funding reported by The Indian Express
Rs 17,500 crore.
Funding reported by NDTV
Rs 14,500 crore.
Capacity mentioned by NDTV
92 GWh of yet-to-be-commissioned energy-storage capacity across the country.

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