New Delhi, March 20: India’s stationary energy storage sector is experiencing rapid growth. A report released on Friday indicates that the total pipeline capacity for Battery Energy Storage Systems (BESS) projects has reached a record level of 92 gigawatt-hours (GWh).
According to the India Energy Storage Alliance (IESA), the current installed capacity is less than 1 GWh, but it is projected to rise to 346 GWh by 2033.
The report highlights a significant acceleration in this sector over the past year. During this period, 69 new BESS tenders were issued, totaling 102 GWh, which is 35% more than in 2024.
Under normal circumstances, energy storage capacity could reach 346 GWh by 2033. However, if government policies continue to support the sector, this figure could soar to 544 GWh.
Additionally, pumped hydro energy storage is also expected to see substantial expansion, with capacity projected to increase from 7 gigawatts (GW) in 2025 to 107 GW by 2033.
S.C. Saxena, Chairman and Managing Director of Grid India, emphasized that large-scale energy storage has become essential to manage fluctuations in electricity demand. He noted that the rapid adoption of battery and pumped hydro storage is driven by decreasing costs and supportive government policies.
Debmalya Sen, President of IESA, stated that this report will assist India in achieving its goal of 500 GW of non-fossil fuel capacity by 2030, with energy storage playing a crucial role.
The report attributes the growth of this sector to several government initiatives, including Energy Storage Obligations, viability gap funding, and exemptions on transmission charges, which have boosted investment.
In 2026, approximately 5 GWh of new capacity is expected to come online, propelling the sector into a phase of rapid expansion and positioning India as a strong player in the global energy storage market.
This report was presented at the Stationary Energy Storage India (SESI) 2026 conference.
My name is Narendra Jijhontiya. I am an experienced content writer with several years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including TECHNOLOGY, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.
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