There will be a big revolution in green energy and power sector! The government passed a mega plan of ₹14,500 crore

To give a big boost to the power sector, the central government has allocated Rs. 14,500 crore scheme has been approved. Under this scheme, work will be done on green energy storage. According to the information, 92 GWh of storage capacity will be developed with this fund. On the other hand, the government has invested Rs. 2,814 crore scheme has been approved. Let us also tell you what kind of announcement has been made by the government.

A big announcement regarding the energy sector

The Union Cabinet on Wednesday approved a project to develop 92 GWh energy storage capacity of Rs. 14,500 crore funds were sanctioned. The scheme is for five years i.e. from financial year 2026-27 to 2030-31. The decision is important considering the country’s ambitious target of achieving 500 GW of renewable energy capacity by 2030. Information and Broadcasting Minister Ashwini Vaishnav told reporters here that the scheme aims to develop a total storage capacity of 92 GWh under three technologies. Among these, 30 GWh of capacity will be developed under battery energy storage system, 60 GWh under pumped storage projects and two GWh under emerging storage technologies. The minister said that the scheme will be applicable for five years i.e. till 2030-31.

📡Live📡

➤ Press conference on cabinet decisions by Union Minister @AshwiniVaishnaw.

📍 National Media Centre, New Delhi

#CabinetDecision

— PIB in Bihar (@PIB_Patna) November 4, 2026

The budget on mineral processing has been released

The Union Cabinet on Wednesday approved a Rs. 2,814 crore scheme was approved. The decision to approve the scheme was taken in a meeting of the Union Cabinet chaired by Prime Minister Narendra Modi. Information and Broadcasting Minister Ashwini Vaishnav informed this decision at a press conference here. He said that Rs 2,814 crore has been sanctioned to promote the processing of important minerals in the country. Vital minerals are essential for economy, industry and modern technology. However, their availability is limited and supply is limited to only a few selected countries, which makes the situation challenging.