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VIABILITY GAP FUNDING
Cabinet approves VGF plan for grid-scale energy storage with Rs 14,500 crore supportThe Union Cabinet has approved a significant ₹14,500 crore funding scheme to develop 92 GWh of energy storage capacity. This initiative sup...- Government prepares draft sustainable aviation fuels policy; moots mandatory blending in ATF from 2027The civil aviation ministry has circulated the draft National Policy on Sustainable Aviation Fuels which mandates use of only indigenously ...
- Cabinet approves ₹14,500-crore scheme to add 92 GWh energy storage capacityThe Union Cabinet has approved a significant ₹14,500-crore scheme aimed at developing new energy storage capacity. This funding will suppor...
- India wants more factories, fabs and data centres. Where will the water come from?India's ambition to become a developed nation by 2047 is constrained by growing water resource challenges. Industries across sectors, inclu...
- India's 500 GW RE target hinges on LDES scale-up; FY28 viability gap funding key enabler: IESA reportWith a target of 500 GW of renewable energy capacity by 2030, India recognizes the urgent need for long-duration energy storage solutions. ...
- Protests rage in Arunachal: India’s answer to China’s mega dam faces resistance in Siang valleyArunachal Pradesh protests: The ambitious 11,200 MW Siang Upper Multipurpose Project has sparked huge uproad among local tribes in the stat...
- Govt to bankroll half the cost of deepwater wells, but wants its money back from winnersThe Indian government is initiating the Samudra Manthan scheme to encourage deepwater exploration for hydrocarbons. This scheme will provid...
- Government extends deepwater drilling support to previously awarded blocksThe Indian government will provide financial support under the Samudra Manthan scheme for deepwater drilling activities. Recently issued gu...
- Govt sets rules for Rs 84,084-cr offshore oil hunt, will share deepwater drilling riskThe Indian government will implement the Samudra Manthan scheme to encourage deepwater oil and gas exploration. Funding will cover part of ...
- From rocks to riches: India’s unfinished critical minerals storyIndia's manufacturing industry is significantly affected by its heavy reliance on imported critical minerals like lithium and cobalt. The r...
- ‘For global trade’s sake, hope our US deal is inked soon’: FM Nirmala SitharamanNirmala Sitharaman expressed optimism regarding the speedy conclusion of the India-US trade agreement during her recent interaction. She hi...
- Nirmala Sitharaman pitches for public, private capital to build financially sustainable citiesFinance Minister Nirmala Sitharaman highlighted the importance of creating sustainably investable cities in India. She proposed a combinati...
- India's battery storage demand to hit 236.22 GWh by FY32, require Rs 3.49 trillion investment: ReportIndia's battery energy storage system market is expected to reach 236.22 GWh by FY2031-32. The country will require Rs 3.49 trillion in inv...
- Cabinet clears Rs 10,000 crore SME Growth Fund to boost small and medium enterprisesThe SME Growth Fund aims to provide long-term growth capital and address financing gaps for these businesses. By targeting manufacturing an...
- UN climate chief hails India's Green Energy Corridor-III, says grid strengthening will deliver "big dividends"India’s Rs 1.86 lakh crore Green Energy Corridor Phase-III has won backing from the UN’s top climate official, who said stronger grids and ...
- The missing middle in Asia’s finance puzzle: AVPN CEO on MSMEs, capital and capabilityFrom MSME finance and AI skilling to blended capital and climate investment, AVPN CEO Naina Subberwal Batra explains why coordination is be...
- Cabinet gives green signal to Green Energy Corridor IIIThe Cabinet has approved a scheme with a project outlay of ₹1.86 lakh crore to enhance green energy transmission. This initiative includes ...
- Centre to sign MoUs with 22 states for next phase of UDANThe Ministry of Civil Aviation will sign MoUs with 22 states for the next phase of UDAN. This signing marks the launch of Challenge Mode an...
- India needs up to Rs 172 trillion infrastructure investment by FY31 to turn demand into financeable projects: NaBFID-BCG ReportIndia needs Rs 168-172 trillion in infrastructure investment through FY31, but Rs 78-80 trillion is yet to enter the announced project pipe...
- In 2020, NASA put seeds from 11 crops aboard an experimental spaceplane; after months in orbit, scientists brought them back to test whether they could still growIn 2020, NASA put seeds from 11 crops aboard an experimental spaceplane; after months in orbit, scientists brought them back to test whethe...
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