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India to add up to 50 GWh battery storage capacity over next 2 yrs: Crisil
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Fusion42 · 28 September 2026 · Fusion42 review
India's battery energy storage capacity is set to increase sharply to 45-50 GWh by FY28 from just 1 GWh in FY26, driven by government auctions and renewable energy expansion, though delays are expected due to rising battery prices and implementation challenges.
This Wire brief sits within Fusion42's coverage of Clean Energy, and 3 sources have reported it.
◆ ◆ The Wire takeaway
You face a growing market in India for battery storage linked to renewable energy projects, yet you must navigate the risk of rising battery costs and project delays. Position your supply chain and pricing models to exploit auction-driven opportunities while planning for potential deployment slowdowns.
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3 sources · 28 Sep 2026
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