India is set to invite bids for 10 gigawatts of battery energy storage projects, aiming to boost indigenous manufacturing and reduce EV import reliance. The Ministry of Heavy Industries' RFP targets grid-scale systems, supporting the ACC-PLI scheme's 50 gigawatt-hour goal and broader industry growth.
India's battery demand is projected to reach up to 260 gigawatt-hour by 2030, driven by renewable energy and transport electrification. Reliance Industries Ltd. has won a bid to build a 10 gigawatt-hour battery unit, a move that will help billionaire Mukesh Ambani ’s conglomerate deepen its footprint in the new energy space.
As the country’s reliance on renewables grows, storage battery demand is poised to surge because of the intermittency of solar and wind energy. India will also need massive investments in manufacturing, technology, and infrastructure to support the transition to clean energy.
As a result, it has been awarded the full 10 GWh capacity under the scheme, the government said. Reliance Industries Ltd won the award to build a 10 GWh battery storage project under the government's production-linked incentive scheme, bolstering India’s push for self-reliance in battery manufacturing.
The PLI scheme is expected to strengthen the ecosystem for electric mobility and battery storage in the country. Reliance’s 10 GWh of battery manufacturing capacity will add to the 5 GWh battery capacity that the energy giant won in 2022, when the government distributed 30 GWh of battery manufacturing capacity.
India will also need massive investments in manufacturing, technology, and infrastructure to support the transition to clean energy. The PLI Scheme for ACC battery storage aims to enhance India's position as a global leader in battery manufacturing.
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India
India, officially the Republic of India, [j] [20] is a country in South Asia is the seventh-largest country in the world by area and the most populous country.Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; [k] China, Nepal, and Bhutan to the north; and Bangladesh …
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