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Q:

Viability Gap Funding for BESS development aims to generate 4,000 MWh BESS projects by when?

  • 1
    2030-31
  • 2
    2031-32
  • 3
    2020-30
  • 4
    2032-33
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Answer : 1. "2030-31"
Explanation :

The Union Cabinet has approved the Viability Gap Funding (VGF) Scheme with the objective of promoting the development of Battery Energy Storage Systems (BESS). The scheme aspires to generate 4,000 MW (BESS projects) by 2030-31, supported by 40% capital cost support in the form of VGF. The scheme seeks to provide clean, reliable and cost-effective power to citizens.

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