GENERAL28 Sept 2026
India to add up to 50 GWh battery storage capacity over next 2 yrs: Crisil
Crisil says India will add up to 50 gigawatt hours (GWh) of battery storage capacity over the next two years, up from just 1 GWh in FY26. This matters if you work in energy, construction, or manufacturing, since storage-linked projects are getting a bigger share of government auctions. Expect more tender activity. Watch upcoming storage auctions and see if your business can supply or service them.
Key Statutory Highlights
- Crisil expects India to add up to 50 GWh of battery storage capacity over the next two years.
- Battery storage deployment is set to rise sharply from 1 GWh in FY26.
- The growth comes from a strong pipeline of projects under implementation, continued policy support, and storage-linked projects gaining a larger share of government auctions.
Actionable Advice for Taxpayers / Founders:If your business supplies or services energy projects, keep track of upcoming storage-linked auctions and review whether you can bid or partner on them. A business advisor can help you judge the opportunity.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
Share: