Battery Energy Storage System: Empowering the Future
On 6th September, 2023, the Union Cabinet approved to a plan aimed at providing viability gap funding (VGF) to establish a resilient energy storage infrastructure designed to store surplus wind and solar energy.
- This initiative outlines the development of 4,000 megawatt-hours (MWh) of Battery Energy Storage System (BESS) projects by the end of the fiscal year 2031. The scheme has an initial outlay Rs. 9,400 crore, with Rs. 3,760 crore provided as budgetary support.
Battery Energy Storage System (BESS)
- Battery Energy Storage System, often abbreviated as BESS, is a sophisticated system designed for the primary purpose of storing electrical energy in ....
Do You Want to Read More?
Subscribe Now
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material before the last six months of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Related Content
- 1 G20 Rio de Janeiro Leaders' Declaration: Towards Resilient & Inclusive Global Growth
- 2 Global Plastics Treaty: No Headway in Sight
- 3 Potential of Carbon Credits in India's Agriculture Sector
- 4 Biodiversity COP 16: Making Peace with Nature
- 5 Tackling the Global Water Crisis: Ensuring A Resilient & Equitable Future
- 6 Agroforestry: Progressive Approach to Sustainable Agriculture
- 7 Just Transition in India: Shifting from Coal to Renewable Energy
- 8 India-US Semiconductor Fabrication Agreement
- 9 UN Pact for the Future: Towards A New Era of Global Governance
- 10 Global Innovation Index 2024
