ReferIndia News MNRE Unveils Rs 7,000Cr Floating Solar + Battery Scheme on 300GW Reservoirs - C&I RE to Hit 60-80GW by 2030

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MNRE Unveils Rs 7,000Cr Floating Solar + Battery Scheme on 300GW Reservoirs - C&I RE to Hit 60-80GW by 2030

Published on: Dec. 4, 2025, 5:31 p.m. | Source: Republic World

The Ministry of New and Renewable Energy (MNRE) is preparing to launch a new scheme for floating solar power projects equipped with battery storage systems. According to Santosh Kumar Sarangi, Secretary, Ministry of New and Renewable Energy, the ministry has approached the Finance Ministry seeking budget approval and viability gap funding (VGF) worth Rs 7,000-8,000 crore for the initiative.

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