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.

3 November 2026
Málaga, Spain
Understanding technology and supplier selection for Europe’s utility-scale PV market in 2027. PV ModuleTech Europe 2026 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of PV module, inverter and battery supplier selection; product availability, technology offerings, supply chain traceability, quality assurance, factory auditing, system reliability, and supplier bankability.

Read Next

September 16, 2026
OCP Green Energy has completed the installation of a 25MW/125MWh battery energy storage system (BESS) in Benguerir, Morocco.
September 15, 2026
India’s storage market remains focused on short-duration firming, but conversations about long-duration storage are already underway.
September 14, 2026
Lava Blue commissions Australia’s first grid-connected sodium-sulfur BESS, while ZEBRE’s 360MWh Noblevale BESS clears EPBC review.
September 11, 2026
Premier Energies and RCT India have established a joint venture to develop a 12GWh BESS manufacturing facility in Telangana, India.
September 11, 2026
Our collection of user-posted analysis, views, and unofficial news, gathered from our networks on LinkedIn, returns for its third outing.