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

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

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Real Estate

17 Dec 2025

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

Real Estate

17 Dec 2025

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..