Ministry of Power vide press release dated 20 June, 2023 has proposed another PLI scheme for grid scale storage, to augment capacity and have round-the-clock renewable energy. The press release states that huge capacities of Pumped Hydro projects are coming up. Government recognizes the need to build batteries for grid storage.
Another PLI scheme will be introduced for grid scale storage to augment capacity and have round-the-clock renewable energy. The government keep adding storage to ensure that demand goes up and investment keeps happening.
