India govt approves 1.53 billion USD scheme for energy storage projects

NAMPA / Xinhua
2026-11-05
NEW DELHI, Nov. 5 (Xinhua) -- The Indian government on Wednesday approved a 1.53 billion U.S. dollars scheme to help build 92 GWh of energy storage capacity in the country. In breakdown, the scheme envisages the development of 60 GWh of Hydro Pumped Storage Plant capacity, 30 GWh of Battery Energy Storage System capacity and 2 GWh of capacity through alternative energy storage technologies, according to a government statement. A key objecti......
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