Union Cabinet approves ₹14,500 crore grid-scale storage scheme
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What happened
The Union Cabinet approved a ₹14,500 crore initiative for 92 GWh of grid-scale energy storage capacity by 2030-31, with 60 GWh from pumped hydro and 30 GWh from battery storage systems.
Why it matters
The approval adds a central funding commitment to storage build-out that can change procurement plans, renewable integration timelines, and grid-balancing strategy. It also creates near-term implementation work for the power and renewable energy ministries, central agencies, and states on scheme rules, viability support, and project sequencing.
India's Union Cabinet on November 9 approved a ₹14,500 crore initiative to support 92 GWh of grid-scale energy storage capacity by 2030-31. The scheme covers 60 GWh of pumped hydro storage and 30 GWh of battery energy storage systems, according to reporting on the Cabinet decisions. The approval turns storage deployment from a planning objective into a funded implementation track that now requires allocation, bidding design, and state-level project follow-through.
Watch for
Ministry of Power notification on scheme guidelines, viability-gap structure, or implementing agency on or after 2026-11-10 MNRE or SECI release of bid documents for battery or pumped-hydro linked storage procurement by 2026-11-13 Cabinet Committee or PIB publication of detailed allocation split between pumped hydro and BESS on or after 2026-11-10 State governments including Andhra Pradesh, महाराष्ट्र, or Odisha issuing expressions of interest or site-linked storage announcements by 2026-11-13
Sources
- Cabinet clears 92 GWh energy plan, critical minerals scheme & 850 fast-track courts · economictimes.indiatimes.com
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