{"id":582635,"date":"2023-06-07T09:45:30","date_gmt":"2023-06-07T04:15:30","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=582635"},"modified":"2023-06-07T10:44:01","modified_gmt":"2023-06-07T05:14:01","slug":"govt-to-offer-rs-3760-cr-as-incentives-to-boost-battery-storage-projects","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/govt-to-offer-rs-3760-cr-as-incentives-to-boost-battery-storage-projects\/","title":{"rendered":"Govt to offer Rs 3,760 cr as incentives to boost battery storage projects"},"content":{"rendered":"<p>Government to offer Rs 3,760 crore ($455.2 million) in incentives to companies that will be setting up battery storage projects. <\/p>\n<p>Battery storage projects totaling 4,000 megawatt hours (MWh), were announced earlier this year, under a scheme, details of which are not known, a Reuters report said citing government sources. <\/p>\n<p>The scheme aims to boost battery storage projects that are crucial to India&#8217;s plan to expand its renewable energy capacity to 500 gigawatts (GW) by 2030. It also aims to cut the cost of battery energy storage from the current Rs 5.5-6.5 per unit. <\/p>\n<p>Battery storage which is used to back up intermittent renewable power supply to stabilise the grid is an evolving technology,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Government to offer Rs 3,760 crore ($455.2 million) in incentives to companies that will be setting up battery storage projects. Battery storage projects totaling 4,000 megawatt hours (MWh), were announced earlier this year, under a scheme, details of which are not known, a Reuters report said citing government sources. The scheme aims to boost battery storage projects that are crucial to India&#8217;s plan to expand its renewable energy capacity to 500 gigawatts (GW) by 2030. It also aims to cut the cost of battery energy storage from the current Rs 5.5-6.5 per unit. Battery storage which is used to back [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-582635","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/582635","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=582635"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/582635\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=582635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=582635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=582635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}