TAG: "Viability Gap Funding "

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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.

Viability Gap Funding | October 08, 2025 | By EI News Network | 1306

NHEV and TRANSVOLT Partner on World EV Day to Deploy 1000 Electric Trucks

The 1,000 electric truck deployment follows a sharp rise in EV truck sales in August 2025, spurred by the ₹500 crore PM E-DRIVE scheme offering ₹2.7–9.3 lakh in upfront subsidies per truck.

Viability Gap Funding | September 11, 2025 | By News Bureau | 987

RVUNL Invites Bids for 500 MW/2,000 MWh Standalone BESS Projects in Rajasthan

Rajasthan Rajya Vidyut Utpadan Nigam (RVUNL) has invited bids to set up a 500 MW/2,000 MWh standalone battery energy storage system in Jaisalmer, Rajasthan, under the second tranche of the VGF scheme. Bid submission ends on September 23, 2025.

Viability Gap Funding | August 11, 2025 | By Mrinmoy Dey | 1165

43 GWh of BESS Supported Under VGF Scheme with INR 9,160 Cr Outlay: Power Minister

To strengthen grid reliability and accelerate the clean energy transition, the Ministry of Power launched the Viability Gap Funding scheme to support 43 GWh of Battery Energy Storage Systems (BESS), allocating INR 9,160 crore, stated Union Power Minister Manohar Lal during a high-level Consultative Committee meeting.

Viability Gap Funding | August 06, 2025 | By Mrinmoy Dey | 767

Govt Tightens VGF Norms for BESS Projects; Mandates Indigenous EMS, Bans Refurbished Cells

The Ministry of Power has revised the guidelines for the second tranche of the VGF scheme for battery energy storage systems, mandating indigenous EMS software and prohibiting refurbished battery cells to ensure higher quality standards.

Viability Gap Funding | August 05, 2025 | By Mrinmoy Dey | 1961

Ministry of Power Approves INR 5,400 Cr VGF to Develop 30 GWh BESS Across 15 States and NTPC

The Ministry of Power has approved the second tranche of its Viability Gap Funding (VGF) scheme, allocating INR 5,400 crore from the Power System Development Fund (PSDF) to support 30 GWh of Battery Energy Storage Systems (BESS) across 15 states and NTPC, as part of India’s push to integrate more renewable energy into the national grid.

Viability Gap Funding | June 10, 2025 | By Mrinmoy Dey | 2633

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.

Viability Gap Funding | March 19, 2025 | By EI News Network | 2880

TNGECL Invites Bids for 500 MW/1000 MWh Standalone BESS Projects in Tamil Nadu

Tamil Nadu Green Energy Corporation Ltd. (TNGECL) has issued a tender for setting up 6 grid-connected standalone BESS projects totalling 500 MW/1,000 MWh with VGF support under a tariff-based competitive bidding. Bid submission ends on April 2, 2025.

Viability Gap Funding | March 15, 2025 | By Mrinmoy Dey | 1834

NVVN Invites Bids for 500 MW/1,000 MWh BESS Projects in Rajasthan

NTPC Vidyut Vyapar Nigam Ltd. (NVVN) has issued an RfS for setting up 1,000 MWh (500 MW x 2 hrs) standalone battery energy storage systems in Rajasthan with Viability Gap Funding (VGF) support for ‘on Demand’ usage under a tariff-based competitive bidding. Bid submission ends on March 31, 2025.

Viability Gap Funding | March 01, 2025 | By Mrinmoy Dey | 1561

NVVN Invites Bids for 250 MW/1,000 MWh BESS Projects

NTPC Vidyut Vyapar Nigam Ltd. (NVNN) has issued a tender for setting up 1,000 MWh (250 MW x 4 hrs) standalone battery energy storage systems (BESS) in India under TBCB with VGF support. It will have a greenshoe option of additional capacity up to 250 MW/1,000 MWh. Bid submission ends on March 24, 2025.

Viability Gap Funding | February 25, 2025 | By Mrinmoy Dey | 1470