India to have Rs 2k cr standalone renewable battery power bank

19 Apr 2022 CW Team

An increase in lithium price for producing batteries and supply chain disruptions due to the Russia-Ukraine war may challenge the industry.

The Ministry of Renewable Energy said that as per the bids invited by Solar Energy Corporation of India Limited (SECI), the government firm implementing solar and wind energy plans in India, the project would supply 500 MW for two hours or 1,000 MWh.

Discoms can lease storage capacity, charge through renewable energy, and draw power to manage peak demand.

The project will be situated in the vicinity of the Fatehgarh-III substation of the interstate transmission system in Rajasthan.

It will be installed on a build-own-operate (BOO) basis, with the developer being responsible for securing connectivity and necessary permissions required for the project. The central transmission utility will provide the land on a right-to-use basis. The developer will make storage capacity available for two operational cycles daily or two complete charge-discharge cycles a day.

SECI will off-take 60% of the capacity for third-party leasing, and 30% will be earmarked by northern and national grid operators for ancillary services.

The Ministry said the project aims to provide support for developing a market in the energy storage domain. Presently, India is considered a low-priority market by global battery producers, focusing on the US and Europe markets, which focus on storage-based renewable energy projects.

According to industry representatives, the timing may not be ideal because of the uncertainty in the geopolitical situation in eastern Europe, which has affected global trade and increased commodity prices.

The government aims to set up 4,000 MWh of battery storage capacity as part of its plan to increase the penetration of renewable energy in the national grid.

The Central Electricity Authority report on the ideal generation capacity mix envisages a battery storage capacity of 27,000 MW, or 108,000 MWh, for four hours by 2029-30.

Image Source

Also read: Attero Recycling to invest Rs 300 cr in lithium battery capacity

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

India is installing a first-of-its-kind standalone renewable battery power bank at a Rs 2,000 crore investment to make green energy available on tap for distribution companies (discoms) and grid operators during peak demand. An increase in lithium price for producing batteries and supply chain disruptions due to the Russia-Ukraine war may challenge the industry. The Ministry of Renewable Energy said that as per the bids invited by Solar Energy Corporation of India Limited (SECI), the government firm implementing solar and wind energy plans in India, the project would supply 500 MW for two hours or 1,000 MWh. Discoms can lease storage capacity, charge through renewable energy, and draw power to manage peak demand. The project will be situated in the vicinity of the Fatehgarh-III substation of the interstate transmission system in Rajasthan. It will be installed on a build-own-operate (BOO) basis, with the developer being responsible for securing connectivity and necessary permissions required for the project. The central transmission utility will provide the land on a right-to-use basis. The developer will make storage capacity available for two operational cycles daily or two complete charge-discharge cycles a day. SECI will off-take 60% of the capacity for third-party leasing, and 30% will be earmarked by northern and national grid operators for ancillary services. The Ministry said the project aims to provide support for developing a market in the energy storage domain. Presently, India is considered a low-priority market by global battery producers, focusing on the US and Europe markets, which focus on storage-based renewable energy projects. According to industry representatives, the timing may not be ideal because of the uncertainty in the geopolitical situation in eastern Europe, which has affected global trade and increased commodity prices. The government aims to set up 4,000 MWh of battery storage capacity as part of its plan to increase the penetration of renewable energy in the national grid. The Central Electricity Authority report on the ideal generation capacity mix envisages a battery storage capacity of 27,000 MW, or 108,000 MWh, for four hours by 2029-30. Image Source Also read: Attero Recycling to invest Rs 300 cr in lithium battery capacity

Real Estate

05 Sep 2025

Vitizen Hotels Signs Deal at Manyata Tech Park

Vikram Kamats Hospitality, as part of its ongoing expansion in key metropolitan markets, announced that its material subsidiary, Vitizen Hotels, has signed a long-term lease agreement for a 45-key hotel property at Manyata Tech Park, Bengaluru.Strategically located in the city’s prominent IT hub, the property is well-positioned to serve corporate travelers, business professionals, and long-stay guests. The addition aligns with the company’s asset-light growth model, leveraging long-term leases to expand its footprint in high-demand urban markets.The hotel is expected to strengthen the comp..

Infrastructure Transport

05 Sep 2025

CONCOR Signs MoU with BPIPL to Operate Container Terminal at Bhavnagar Port

Container Corporation of India (CONCOR) has signed a Memorandum of Understanding (MoU) with Bhavnagar Port Infrastructure (BPIPL) on September 4, 2025, in New Delhi to operate and maintain the upcoming container terminal at the northside of Bhavnagar Port, Gujarat.BPIPL had earlier entered into an agreement with the Gujarat Maritime Board (GMB) in September 2024 for the port’s development. Under this arrangement, 235 hectares of land has been leased to BPIPL for 30 years, with provision for expansion by an additional 250 hectares.The new terminal is expected to significantly enhance logistic..

Infrastructure Transport

05 Sep 2025

Concord Launches India’s First Indigenous Zero-Emission Rail Propulsion

Concord Control Systems (CCSL), a leader in embedded electronics and critical rail technologies, has announced the development of India’s first fully indigenous zero-emission propulsion system, marking a significant step toward the country’s railway electrification and net-zero goals for 2030.Powered by Lithium Iron Phosphate (LFP) batteries and featuring a DC chopper-based drive, the propulsion system eliminates idling losses common in diesel engines, offering higher efficiency, lower costs, and zero emissions.What sets this innovation apart is its completely indigenous design. Except for..