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April 04,2025

Scheme for VGF in Battery Energy Storage Systems in India

The VGF Battery Energy Storage will be approved during 2023-26. The fund disbursement will occur in 5 Tranche that involves 10% on the financial closure of the project, 45% upon achieving the commercial operation date, & 15% per year over the next 3 years from COD. As per scheme guidelines, 10% of VGF is to be disbursed after financial closure.

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