New Delhi: The government will soon invite bids for 10 gigawatts of battery energy storage projects, an official said on Friday. The move will strengthen India's position in the energy storage segment, which is in a developing stage. Vijay Mittal, Joint Secretary, Ministry of Heavy Industries, said, "The ministry will soon come out with a 10 gigawatt RFP (request for proposal) for those who are working on the energy storage part of it for grid-scale energy storage systems...so that we have...indigenous capability for manufacturing of battery energy storage system compatible with advanced chemistry cells.
"The official was addressing the 'Summit on Lithium-Ion Batteries', organised by industry body India Energy Storage Alliance (IESA), virtually. The ministry is leading the mission of indigenous manufacturing of chemistry cells in the country as part of the electric vehicle (EV) initiative. The goal is to achieve net zero by 2070 and reduce the need for imports of internal combustion engine (ICE) vehicles, addressing environmental concerns, he said.
Mittal further said that the government has allocated over 40 gigawatt-hours out of 50 gigawatts to various original equipment manufacturers (OEMs) for indigenous manufacturing of advanced chemistry cells under the ACC-PLI scheme. IESA Chairman Rahul Walwalker said, "Many countries are looking for an alternative to relying solely on China, creating a potential market opportunity of up to 2,500 gigawatt hours for the supply chain in India.
The goal is to scale up manufacturing in India, with the initial target being 50-gigawatt hours set up by the ACCPLI, and a larger vision set by the IESA for India to have a minimum of 550-gigawatt hours of cell manufacturing by 2035." Over 300 industry leaders gathered at the event to discuss topics like R&D, innovation, manufacturing, supply chain, raw materials, stationary energy storage, electric mobility, and recycling, among others.
India Energy Storage Alliance (IESA) is a leading industry alliance focused on the development of advanced energy storage, e-mobility, green hydrogen, and emerging technologies in India.
