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Pralhad Joshi inaugurates BESS in Bengaluru; ₹5,400 cr additional VGF coming soon
Union Minister for New and Renewable Energy Pralhad Joshi, on Friday inaugurated a Battery Energy Storage Systems (BESS) manufacturing facility in the Bidadi Industrial Area, Bengaluru. With an annual manufacturing capacity of 5 GWh, this facility stands as one of the largest and most advanced BESS plants in the nation.
The newly inaugurated facility has a fully automated cell-to-pack assembly line, signaling a move towards precision-driven, high-quality production with minimal human intervention.
This advanced manufacturing capability is expected to significantly contribute to grid stability, facilitate renewable energy integration, manage peak demand, and aid in frequency regulation.
During the inauguration, Minister Joshi emphasised the critical role of reliable energy storage in achieving India's ambitious target of 500 GW of non-fossil fuel capacity by 2030. "As more renewable energy comes into our grid, having reliable storage is more important than ever," he stated.
Further demonstrating the government's commitment to energy storage, Minister Joshi announced plans to roll out an additional ₹5,400 crore as viability gap funding (VGF) to support the establishment of 30 GWh of battery storage systems.
This new allocation comes on top of the existing ₹3,700 crore under the current VGF scheme, which has already facilitated the implementation of 13.2 GWh of BESS projects.
Source: Energy World
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