What is the total financial support under the Viability Gap Funding Scheme for grid-scale energy storage approved by the Union Cabinet?
- A.Rs 9,500 crore
- B.Rs 12,500 crore
- C.Rs 14,500 crore
- D.Rs 18,500 crore
Correct answer
Explanation
The correct answer is Rs 14,500 crore. The Union Cabinet cleared the Viability Gap Funding Scheme for Development of Grid-Scale Energy Storage Systems with this amount of support for the period FY 2026-27 to FY 2030-31. The money will not build the projects on its own; total investment in them is estimated at Rs 97,600 crore, and the funding only closes the viability gap so that developers find the projects bankable. Options A, B and D are not the sanctioned figure. Aspirants should hold the number together with the capacity it buys, 92 GWh in all, and with the split of that capacity into 60 GWh of hydro pumped storage, 30 GWh of battery energy storage and 2 GWh of alternative storage technologies. The scheme is run by the Ministry of Power and capacity is allotted through tariff-based competitive bidding.
Read the full article: Cabinet Clears Rs 14,500 Crore VGF for 92 GWh Energy Storage
Practice Questions
Of the 92 GWh of storage capacity supported by the scheme, how much is hydro Pumped Storage Plant capacity?
- A.2 GWh
- B.30 GWh
- C.45 GWh
- D.60 GWh
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The scheme envisages 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, which add up to the headline figure of 92 GWh.
Read the full explanation →What minimum Domestic Content Requirement has been set for Battery Energy Storage System projects under the scheme?
- A.20 per cent
- B.30 per cent
- C.40 per cent
- D.50 per cent
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Battery Energy Storage System projects seeking support under the scheme must satisfy a minimum Domestic Content Requirement of 40 per cent.
Read the full explanation →The NDC-TIA Phase II initiative is supported by which programme of the German Government?
- A.The Green Climate Fund
- B.The International Climate Initiative (IKI)
- C.The Global Environment Facility
- D.The Clean Development Mechanism
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Under it, NITI Aayog and GIZ signed an Implementation Agreement on 3 November 2026 to accelerate the decarbonisation of road freight in India.
Read the full explanation →Which sector is the focus of the Implementation Agreement signed under NDC-TIA Phase II?
- A.Decarbonisation of road freight
- B.Expansion of metro rail networks
- C.Green hydrogen for fertiliser plants
- D.Offshore wind power generation
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The agreement formalises collaboration among the project partners so that cutting emissions from the movement of goods by road moves faster, which is treated as an important part of India's transition to a transport system that is sustainable, energy-efficient and low in carbon.
Read the full explanation →NITI Aayog signed an Implementation Agreement under NDC-TIA Phase II with which organisation?
- A.Japan International Cooperation Agency
- B.Deutsche Gesellschaft fur Internationale Zusammenarbeit (GIZ) GmbH
- C.United States Agency for International Development
- D.Agence Francaise de Developpement
Show answer
The agreement was signed on 3 November 2026 under the Nationally Determined Contribution-Transport Initiative for Asia, Phase II, to speed up the decarbonisation of road freight in India, and the initiative itself is supported by the International Climate Initiative of the German Government.
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