TAG: "VGF scheme "

News

Rajasthan Awards 1GW/2GWh Standalone BESS Tender at Record-Low Tariffs

RVUNL awards 1GW/2GWh standalone BESS tender in Rajasthan at record-low tariffs of INR 1.775–1.785 lakh/MW/month, with eleven developers emerging as winners in a highly competitive auction.

VGF Scheme | October 08, 2025 | By EI News Network | 1274

UPERC Approves 375 MW/1500 MWh BESS Project for UPPCL

UPERC approves UPPCL’s 375 MW/1500 MWh battery storage project at Garautha, Jhansi, under VGF scheme. SJVN acts as implementing agency to boost renewable energy integration and manage peak demand efficiently.

VGF Scheme | September 12, 2025 | By EI News Network | 1416

GUVNL Invites Bids for 2,000 MW/4,000 MWh Standalone BESS Projects in Gujarat

Gujarat Urja Vikas Nigam Ltd. (GUVNL) has invited bids for setting up 2,000 MW/4,000 MWh standalone battery energy storage systems to be connected to 12 identified substations of the STU network in Gujarat under the second tranche of the VGF Scheme. Bid submission ends on September 11, 2025.

VGF Scheme | July 24, 2025 | By Mrinmoy Dey | 1570

Government Triples Battery Storage Target to 13,200 MWh Under VGF Amid Falling Costs

India has increased its Battery Energy Storage Systems (BESS) target under the VGF scheme from 4,000 MWh to 13,200 MWh by 2027-28, leveraging falling costs. The move aims to enhance renewable energy integration, stabilise the grid, and attract private investment.

VGF Scheme | March 19, 2025 | By EI News Network | 2860

CPSU Scheme Phase-II Powers Solar Expansion with Viability Gap Funding

Minister Shripad Yesso Naik informed Rajya Sabha about CPSU Phase-II, supporting NTPC, SJVN Green Energy, NHPC, NLC India, and others with Viability Gap Funding (VGF) for solar projects using Indian-made PV modules, managed by SECI and IREDA without PPAs.

VGF Scheme | March 14, 2025 | By EI News Network | 1522

10 Years of Make in India: Solar PV Module Manufacturing Capacity Surges to 67 GW from 2.3 GW

India’s solar PV module manufacturing capacity has increased to 67 GW from a mere 2.3 GW in 10 years since the Make in India initiative was launched. Another 48 GW is in the pipeline, as the government continues to incentivise domestic production of solar panel components.

VGF Scheme | September 26, 2024 | By Mrinmoy Dey | 1837

Government Launches VGF Scheme for 1,000 MW Offshore Wind Projects

The Government of India has approved the 'Viability Gap Funding (VGF) scheme for offshore wind energy projects' with a total outlay of INR 7453 crore including VGF of INR 6853 crore for installation of 1000 MW of offshore wind energy projects.

VGF Scheme | September 14, 2024 | By EI News Network | 1722

GWEC Hails VGF Scheme Approval for India's Offshore Wind Sector

GWEC met with the Ministry of New and Renewable Energy (MNRE) in 2022 and pressed for financial support mechanisms such as VGF in India.

VGF Scheme | July 08, 2024 | By Abha Rustagi | 2411

Union Cabinet's INR 7,453 Crore VGF Approval to Boost Offshore Wind Energy Investment: CRISIL

The VGF support will reduce the cost of power from offshore wind projects, which are costlier than onshore wind farms, and encourage developers to enter this space.

VGF Scheme | June 28, 2024 | By Abha Rustagi | 1501

Union Cabinet Approves INR 7453 Crore VGF Scheme for Offshore Wind Energy Projects

The VGF scheme will allocate INR 6853 crore for the installation and commissioning of 1 GW of offshore wind energy projects.

VGF Scheme | June 20, 2024 | By Abha Rustagi | 1727

Articles

Powering the Future: How BESS Is Unlocking the Full Potential of Solar

Solar power is clean and growing fast, but the sun doesn’t shine all the time. A Battery Energy Storage System (BESS) stores extra solar electricity when the sun is strong and releases it later—at night, on cloudy hours, or during the eve...

VGF Scheme | October 13, 2025 | By News Bureau