Chennai, Nov. 4 -- The Tamil Nadu government headed by Chief Minister Vijay unveiled a new Battery Energy Storage System (BESS) promotion policy, eyeing to create 10,000 MW of battery storage capacity by 2029.

In line with the announcement made by Finance Minister N.Marie Wilson in his maiden budget speech a new BESS promotion policyto facilitate private investment and transform TN into India's BESS hub, while managing the peak power demand, Electricity, Law and Prisons Minister CTR.Nirmal Kumar unveiled the policy last evening, desinating Tamil Nadu Green Energy Corporation Limiated asthe State Nodal AGency for coordinating, facilitating and monitoring the implementation of BESS projects under the policy.

Apart from making battery storag...