India’s unviable battery storage projects threaten energy goals
Energy
Underbidding puts 75% of projects in jeopardy, risking a waste of allocated capacity
India allocated 10.4 gigawatts of standalone battery energy storage system capacity in 2025, but analysts estimate that about 75% of this is at risk of not being built due to underbidding. © Getty Images
BENGALURU — India’s ambitious push to build battery storage capacity at scale is running into a fundamental problem: Developers are winning contracts at prices that cannot support viable projects, leaving a large portion of allocated capacity at risk of never being built.
