India hikes customs duty for lithium-ion batteries from 10% to 20%

LinkedIn
Twitter
Reddit
Facebook
Email
Bridge to India said this is not helpful for the growth of the energy storage industry, while the impact of a customs duty change on solar glass is debatable. Flickr: Pranshu Rathi

The Indian national Budget has seen a hike in customs duties for lithium-ion batteries from 10% to 20%.

Surbhi Singhvi, manager, consulting at Bridge to India, wrote that is not helpful for the growth of the storage industry, which is already struggling with viability challenges.

Indian finance minister Arun Jaitley announced budget for the financial year 2018-19 last week, in which renewable energy was largely absent, bar a renewed emphasis on solar pumps for farmers across India.

Singhvi added: “Overall, it is disappointing for such a vital sector of the economy to receive such little attention. There is a dearth of new ideas and little attempt is being made to harness new technologies and business models – gasification, electric vehicles, storage, smart grids – to achieve India’s energy transition.”

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Indian PV manufacturers did receive a boost from the customs duty on solar glass being removed, but the benefits have been disputed.

Nevertheless, India’s energy storage industry did make prgoress last week with the start of construction on the country’s largest energy storage project, which was deemed as having strategic importance for regulators.

Read Next

Sponsored
July 28, 2026
We caught up with Kevin Huang, Senior Vice President and President of Energy Storage Product Line at Envision Energy at Smarter E in Munich for a video interview on the company’s energy storage strategy and the growing role of AI data centres in power demand.
July 28, 2026
Malawi’s energy minister was on hand last week as the southeast African country inaugurated its first large-scale standalone battery energy storage system (BESS).
July 28, 2026
The government of Malaysia has unveiled the next round of its Large-scale solar (LSS) program tender seeking 2.5GW of solar PV co-located with 1.25GW of battery energy storage system (BESS) capacity.
July 23, 2026
Spain has awarded €165 million to seven pumped hydro storage projects totalling around 2.1GW/21GWh, while Portugal has set a target of 1.4GW of new pumped hydro capacity by 2040.
Sponsored
July 22, 2026
We caught up with Michael Koller, Solutions Director for Europe and the UK with Envision Energy, at this year’s Smarter E Europe trade show in Munich.