India To Invite Global Bids For 4,000 MWh Of Battery Storage Projects Soon: R K Singh

- Advertisement -
  • Singh added that a battery project of 12 gigawatt hours (GWhr) will be set up in Ladakh
  • He also said that India has set an ambitious target of having 175 GW renewable energy (RE) capacity by 2022 and 450 GW by 2030
pic credit: PIB

India will soon invite global bids for battery storage projects totalling 4,000 MWhr (megawatt hours), Union Power Minister R K Singh said. This announcement was made while addressing the US India Strategic Partnership Forum and industry leaders in a Virtual Energy Industry Roundtable, the Ministry of Power said in a statement.Singh added that a battery project of 12 gigawatt hours (GWhr) will be set up in Ladakh.

The statement quoted Singh as saying that in the near future, India will have bids to invite global and domestic manufacturers for developing battery storage.India will soon have bids for 4,000 MWhr Battery Energy Storage Systems (BESS) and later will take up 12 GWhr project in Ladakh,” the statement quoted Singh as saying.

He also said that India has set an ambitious target of having 175 GW renewable energy (RE) capacity by 2022 and 450 GW by 2030. At present, India has 100 GW installed solar and wind capacity and after adding hydro, the total installed renewable capacity is 146 MW.

- Advertisement -

Singh added that another 63 GW of renewable capacity is under construction. He also informed the conference that India would be inviting bids for green hydrogen in the next 3-4 months to pave the way for viable usage of hydrogen as fuel.

He said that work has been going on to increase our pumped hydro storage capacity. The world needs to come up with more number of eletrolyzers, battery storage facilities, etc to bring economies of scale in these technologies and make these commercially viable

- Advertisement -

Most Popular Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!

Exclusive

5G Chipset Market to Hit $92.09B by 2030

0
Reports indicate that the global next-gen wireless processor market is on track to surpass the $100 billion mark in the coming decade. The 5G chipset...
Gursaurabh Singh, Founder of Dhruv Vidyut

“Electrifying Rural Mobility- Converting Traditional Bicycles Into E-Bikes”

0
In a conversation with Nitisha Dubey from EFY, Gursaurabh Singh, the Founder of Dhruv Vidyut, discusses their conversion kit, which can transform any conventional...
Rahul Bollini, the Founder of Bollini Energy

“Formal Contracts For Long-Term Commitments Are Not Always Necessary”

0
Bollini Energy collaborates with various companies interested in understanding the complete value chain of Lithium-ion cells. They offer technical services that span from mining...

Buzz

FAME 3 Likely To Launch On Budget Day With INR 10k Cr Budget

0
People familiar with the discussions informed that the Faster Adoption & Manufacturing of Electric Vehicles (FAME) scheme is likely to include support for electric...

Dixon Technologies Plans Multi-Million Dollar Investment In India

0
The domestic electronics manufacturer has planned 1500-1800 crores INR investment, seeks to venture into new sectors.  Dixon Technologies, a producer of e-components, recently disclosed its...

Clean Mobility Establishes Pune Facility For Zbee

0
Clean Mobility Solution India Pvt. Ltd. establishes a manufacturing facility in Pune to localise and indigenously produce the 'Made in India' Zbee, a three-wheeled...

Important Sectors

Setting UP Plant For Motors That Deliver 97% Efficiency

0
What can four students competing in Formula Student race teams achieve? Why would these students, originally focused on developing an electric two-wheeler brand, pivot...

FAME 3 Likely To Launch On Budget Day With INR 10k Cr Budget

0
People familiar with the discussions informed that the Faster Adoption & Manufacturing of Electric Vehicles (FAME) scheme is likely to include support for electric...

Dixon Technologies Plans Multi-Million Dollar Investment In India

0
The domestic electronics manufacturer has planned 1500-1800 crores INR investment, seeks to venture into new sectors.  Dixon Technologies, a producer of e-components, recently disclosed its...

Clean Mobility Establishes Pune Facility For Zbee

0
Clean Mobility Solution India Pvt. Ltd. establishes a manufacturing facility in Pune to localise and indigenously produce the 'Made in India' Zbee, a three-wheeled...

VinFast Invests $2 Billion In India Expansion

0
Vietnamese electric carmaker VinFast expands across Asia, opening new factories in India and Indonesia, despite challenges in the competitive EV market and slowing global...

Manufacturing

Honeywell Creates AI Software For Gigafactory Efficiency

0
Honeywell anticipates that its new battery manufacturing excellence platform will lower the costs of cell production, speed up the ramp-up cycles, and decrease material...

Raju B Ketkale Named CEO Of Lumax Industries

0
He takes over from Vishnu Johri, who is stepping down for personal reasons. Lumax Industries Limited, a Tier-1 automotive lighting system and component manufacturer within...

Schaeffler And Symbio JV Innoplate Starts Fuel Cell Plate Production

0
Starting with an initial production capacity of 4 million bipolar plates, the Innoplate joint venture is projected to achieve an annual output of 50...

Tesla Pushes Suppliers To Source Parts Beyond Taiwan And China

0
China and Taiwan are major global producers of essential electronics parts and components. Tesla has requested that its suppliers move the production of components and...

Uno Minda Shines With Increased Content Per Car And EV Focus

0
Uno Minda, a key player in the auto parts industry, has demonstrated significant revenue growth, surpassing industry averages by more than double over the...