India will soon invite global bids for battery storage projects totalling 4,000 MWhr announced Union Power Minister R K Singh. He was addressing the US India Strategic Partnership Forum and industry leaders in a Virtual Energy Industry Roundtable, the Ministry of Power said in a statement.
“In the near future, India will have bids to invite global and domestic manufacturers for developing battery storage. India will soon have bids for 4,000 MWhr Battery Energy Storage Systems (BESS) and later will take up 12 GWhr project in Ladakh,” he said.
“We have been working continuously to increase our pumped hydro storage capacity. The world needs to come up with more number of eletrolyzers, battery storage facilities, etc to bring economies of scale in these technologies and make these commercially viable,” he added.
Singh also said that India would also be inviting bids for green hydrogen in the next three to four months with the goal of paving the way for viable usage of hydrogen as a fuel.
As per details shared by Singh, India presently has 100 GW installed solar and wind capacity and after adding hydro, the total installed renewable capacity is 146 MW. He further added that another 63 GW of capacity is presently under construction.