The utility-scale ESS market in India saw its first installation with a pilot project by Power Grid Corporation of India in 2017 in Puducherry. It was set up with a capacity of 500 Kilowatt-hour
tailed classification of grid-scale ESS tenders in India. More information on this evolution and classification up to standalone ESS can also be found in the IEEFA-JMK report titled Evolution
2 Based on independent assurance provider DNV''s global database of 4,210 ESS projects totalling 32GWh and publicly available information as of January 5, 2023 for a
Finally, while investors in India are unsure of standalone ESS, successful and timely execution of NTPC and SECI tender projects will help demonstrate the technological and financial viability of the new technology. The report also
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While the global battery industry is witnessing rapid advancements in several forms of ESS (s) technologies, Pumped Hydro Storage (PHS) and Battery Energy Storage
Our analysis indicates that power purchase agreement (PPA) prices are not expected to decrease significantly in the foreseeable future. PPA tailwinds include record-low
Innovations include India''s first large-scale offshore wind tender totalling 4GW, issued in early 2024, with a 500MW concentrated "solar + thermal storage" tender to follow in early 2025. In
In 2016, the National Renewable Energy Laboratory (NREL) published a set of cost projections for utility-scale lithium-ion batteries (Cole et al. 2016). Those 2016 projections relied heavily on
India''s Ministry of Power has mandated that all renewable energy implementing agencies (REIAs) and State utilities must incorporate a minimum of two-hour co-located energy storage systems (ESS), equivalent to
INTRODUCTION: WHY USE ENERGY STORAGE SYSTEMS (ESS)? Today''s utility-scale ESS, the focus of this whitepaper, typically involves storage capacity ranging from a few to hundreds
Such challenges are minimized by the incorporation of utility-scale energy storage systems (ESS), providing flexibility and reliability to the electrical system. Despite the
An in-depth analysis of India''s burgeoning ESS sector reveals its poised growth in the coming years, aligning with the exponential rise of the renewable energy sector globally.
Key Findings Standalone Energy Storage Systems (ESS) are rapidly emerging as a key market, with 6.1 gigawatts of tenders issued in the first quarter of 2025 alone, accounting for 64% of the
Source: JMK Research Auction Completed In September 2024, about 1200 MW of utility scale solar and 1200 MW of storage capacities were allotted to various RE developers.
The national transmission plan to 2030, issued by the Ministry of Power in December 2022, identifies ESS as a key component of upcoming power system development. In terms of ESS technology, in the near term, large grid-scale
Renewable energy tender issuances in India crossed a record 69 GW in FY 2024 on the back of a strong push by the central government, according to a new joint report by the Institute for Energy Economics and
Dalian-headquartered Rongke Power has completed the construction of the 175 MW/700 MWh vanadium flow battery project in China, growing its global fleet of utility-scale projects to more than 2 GWh.
Delays in project implementation pose a significant challenge to India''s renewable energy target for 2030. Ongoing issues with project realisation could deter investor interest in
Finally, while investors in India are unsure of standalone ESS, successful and timely execution of NTPC and SECI tender projects will help demonstrate the technological and financial viability of the new technology.
The Solar Energy Corporation of India (SECI) has floated a Request for Selection (RfS) to identify solar power developers for setting up 2,000 MW of ISTS-connected
Although most utility-scale "Solar + ESS" tenders issued so far are technology-agnostic, the requirement for solar co-location, along with a short commissioning timeline of 24
India''s Ministry of Power has mandated all renewable energy implementing agencies and state utilities must incorporate a minimum of two-hour co-located energy storage
Delays in project implementation pose a significant challenge to India''s renewable energy target for 2030. Ongoing issues with project realisation could deter investor interest in future
We estimate costs for utility-scale lithium-ion battery systems through 2030 in India based on recent U.S. power-purchase agreement (PPA) prices and bottom-up cost analyses of
India, being a complex and diverse country, will need a combination of factors that have been the primary drivers of ESS deployment in the leading markets. Therefore, the report presents a case study of one of the largest operational
As with renewable energy (solar/wind) development in India, grid-scale tendering will be crucial for developing the ESS market in India. This report looks at the evolution of grid-scale ESS
Key Findings Standalone Energy Storage Systems (ESS) are rapidly emerging as a key market, with 6.1 gigawatts of tenders issued in the first quarter of 2025 alone, accounting for 64% of the
The report finds that India issued tenders inviting utility-scale renewable energy capacity addition totalling a record-high 73 gigawatts (GW), eclipsing 2023''s 58GW. This far exceeds the Ministry of New and Renewable
Standalone Energy Storage Systems (ESS) are becoming the backbone of India''s utility-scale ESS auctions, accounting for 64% of the total tenders issued between January and March 2025 alone, according to a new
The evolution of Utility Scale ESS tenders in India highlights the increasing focus and efforts of all stakeholders. In the past five years, the ESS tenders have been evolving with innovative and new age tenders such as RTC, Peak Power and now standalone ESS.
The Central Electricity Authority estimates India will need about 42GW of BESS and 19GW of pumped hydro storage (PHS) capacity by 2030. Large, grid-scale ESS projects will be crucial in meeting these future energy needs. To this end, the latest demand-driven Firm and Dispatchable Renewable Energy (FDRE) tenders offer the ideal model for India.
The latest ESS tenders issued by Solar Energy Corporation of India (SECI) and NTPC are the first in India to combine standalone ESS with on-demand use. These two standalone ESS tenders, by SECI and NTPC, have a cumulative storage capacity of 1GW/4GWh. Thus, if executed well, these projects will augment Indian ESS capacity multifold.
major disruptor in India’s power market in the 2020s. ESS will attract the highest Pumped hydro is dominating the investment of all emerging ESS market, accounting for more sectors as renewable energy’s than half of grid-scale tender penetration of the ele
profile is static throughout each time block at 800MW. In 2030, BESS, PHS, and green hydr gen will be the most prominent ESS technologies in India. The development of green hydrogen infrastructu e will represent another pivotal shift in the ESS market. Green hydrogen produced during the excess power availability can be physically stored as a
This was one of India’s first tenders to couple solar power with BESS at a utility scale. Current Status: L&T won the tender and successfully commissioned the project in July 2020. Since then, several utility scale solar+BESS tenders have been announced and tendered.
