This places battery storage close to the average tariff of electricity from solar projects, currently in the range of ₹2. 5 per kWh based on recent tenders.
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India's electricity storage costs have plummeted, with Battery Energy Storage System tariffs falling from ₹10. 18/kWh in 2022-23 to around ₹2. New Delhi: The cost of storing electricity in India has dropped sharply in just two years.
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Currently, the cost of battery-based energy storage in India is INR 10. 18/kWh, as discovered in a SECI auction for 500 MW/1000 MWh BESS. The government has launched viability gap funding and Production-Linked Incentive (PLI) schemes to make battery storage affordable.
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The modular, air-cooled systems offer storage capacities ranging from 241 kWh to 3 MWh and are designed for applications including diesel generator replacement, solar storage, energy shifting, and backup power solutions for commercial and industrial clients.
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