India’s ambitious drive for renewable energy has accelerated the need for energy storage, but there are many factors to success, writes Charith Konda of the Institute for Energy Economics and Financial Analysis (IEEFA).

Maharashtra State Electricity Distribution Co (MSEDCL) has launched a multi-gigawatt battery storage tender supported by Viability Gap Funding (VGF).

The electricity regulator for Rajasthan, India, has approved the lowest tariff rate for a battery storage tender in the country so far.

India’s Ministry of Power has significantly increased the size and scope of its Viability Gap Funding (VGF) scheme to support battery storage projects.

National and regional agencies in India tendered for 9.5GW of utility-scale ESS in Q1 2025, more than two-thirds for standalone systems.

The National Thermal Power Corporation (NTPC) of India has opened bidding invitations in a tender for 250MW/500MWh of battery storage in Madhya Pradesh and Maharashtra.

India’s first major utility-scale tender for solar PV combined with energy storage in the state of Andhra Pradesh has been put on hold due to the cap on tariffs being too low.