Tamil Nadu Issues 500 MW/1000MWH BESS Tender With VGF Updated On Mon, Mar 17th, 2025 by Saurenergy Tamil Nadu Generation and Distribution Corporation Limited (TNEGCL) has issued a tender for the development of 500 MW/1000 MWh battery energy storage projects under the Build-Own-Operate (BOO) model. The tender includes six standalone Battery Energy Storage Systems (BESS) of 1000 MWh (500 MW x 2 hours) to facilitate “on-demand” energy storage through tariff-based competitive bidding […] Read more
NTPC Secures Highest VGF Support For CPSU Scheme Updated On Thu, Mar 13th, 2025 by Saurenergy NTPC has emerged as the largest beneficiary of the central government grant under the Central Public Sector Undertaking (CPSU) Scheme Phase-II (Government Producer Scheme). Latest data shared by the government before the Rajya Sabha revealed the levels of allocations given to different CPSUs. The government aids these CPSUs for setting up grid-connected Solar Photovoltaic (PV) […] Read more
NVVN Issues 250 MW/1000 MWh BESS Tender With VGF Support Updated On Tue, Feb 25th, 2025 by Saurenergy NVVN, a wholly owned subsidiary of NTPC Limited, has issued a tender for a 250 MW/1000 MWh standalone Battery Energy Storage System (BESS) with Viability Gap Funding (VGF) support. The tender includes a greenshoe option for an additional capacity of up to 250 MW/1000 MWh. It has set March 24, 2025 NVVN has been nominated […] Read more
SECI Floats 125 MW/500 MWh BESS Tender in Kerala With VGF Updated On Thu, Dec 26th, 2024 by Saurenergy The Solar Energy Corporation of India (SECI) recently released a tender to set up a 125 MW/500 MWh standalone Battery Energy Storage System (BESS) in Kerala with Viability Gap Funding (VGF) support. The last date for bid submission is set as February 6, 2025. This marks the 22nd standalone BESS tender in India. This is […] Read more
President Approves VGF Scheme For 1 GW Offshore Wind Projects Updated On Fri, Sep 13th, 2024 by Saurenergy President of India, Droupadi Murmu, has approved the government’s plan to award Viability Gap Funding (VGF) to boost offshore wind projects in India. The Ministry of New and Renewable Energy (MNRE), in its latest notification, stated that it has received approval for the plan. With the President’s sanction, India is now set to provide VGF […] Read more
Govt VGF Scheme Can Support 36% Of Offshore Project Cost, Says CRISIL Updated On Thu, Jun 27th, 2024 by Saurenergy The Union Cabinet approval of the viability gap funding (VGF) scheme, with a total allocation of Rs 7,453 crore, is a boost for the offshore wind energy segment. It could trigger investments into a space developers have shied away from due to high cost, operational challenges, and offtake-related risks, according to CRISIL. This is a […] Read more
Cabinet Approves Rs 3,760cr For VGF Scheme On Battery Storage Updated On Wed, Sep 6th, 2023 by Saurenergy Union Minister Anurag Thakur said that the Union Cabinet today approved a special scheme of Viability Gap Funding (VGF) for the battery energy storage system manufacturers in India. After the Cabinet meeting, he briefed the media on the issue today in New Delhi. Prime Minister Narendra Modi chaired the meeting. The announcement came days before […] Read more
DMRC Tenders for 3 MW Solar Power Plants Under VGF Scheme Updated On Thu, Dec 12th, 2019 by Saurenergy DMRC has issued a tender for setting up of 3 MW solar PV power systems in DMRC under the Viability Gap Funding (VGF) scheme. The Delhi Metro Rail Corporation (DMRC) has issued a tender, inviting bids from eligible bidders for setting up of 3 MW solar PV power systems in DMRC under the Viability Gap […] Read more
MNRE Extends Bid Submission Date for Evaluation of 5GW VGF Scheme Updated On Thu, Nov 21st, 2019 by Saurenergy Now, the last date for submitting proposals, in four envelope system, has been extended till November 27, 2019 in place of, earlier, November 20, 2019. The Ministry of New and Renewable Energy (MNRE) has further extended the bid submission deadline for the evaluation of its 5 GW (5,000 MW) Viability Gap Funding (VGF) scheme. Now, […] Read more
