Daily News Wrap-Up: Power Ministry Sets 20% Local Content for BESS VGF
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December 26, 2025
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The Ministry of Power directed states and procuring entities to ensure a minimum of 20% local content in the procurement of battery energy storage system projects being implemented under the viability gap funding (VGF) program, supported through the Power System Development Fund (PSDF). In a communication addressed to the energy departments of 15 beneficiary states and NTPC, the Ministry said the requirement would apply for the disbursement of funds under the PSDF guidelines.
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