Consider the following statements about the battery energy storage systems (BESS) scheme:
1. The scheme envisages the development of 4,000 megawatt-hours (MWh) of BESS projects by 2030-31
2. The government will provide financial support of up to 40 percent of the capital cost as budgetary support in the form of VGF.
Which of the statements given above is/are correct?
1
1 Only
2
2 Only
3
Both 1 and 2
4
Neither nor 2