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National

Q1: How much viability gap funding (VGF) has been approved by the Union Cabinet for setting up battery energy storage systems (BESS) in India?

A Rs 3,760 crore

B Rs 4,670 crore

C Rs 2,540 crore

D Rs 5,370 crore

ANS:A - Rs 3,760 crore

The Union Cabinet has approved a Rs 3,760 crore viability gap funding (VGF) scheme for setting up battery energy storage systems (BESS) in the country. The scheme will be implemented by the Ministry of Power and will be open to all stakeholders, including government agencies, private companies, and state-owned enterprises.



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