India Clears 1.53 Billion Energy Storage Plan
India approved a 145 billion rupee programme to develop energy storage projects nationwide. Information Minister Ashwini Vaishnaw announced the cabinet decision on Wednesday to boost the domestic power sector.
India approved 145 billion rupees ($1.53B) on Wednesday morning for a state program funding energy storage projects. The cabinet cleared the funding to accelerate renewable energy integration across the country. The initiative supports national decarbonization targets by stabilizing grid infrastructure for intermittent solar and wind generation.
