{
  "id": 13923779,
  "title": "India's Battery Storage Capacity Set to Surge Nearly 50 Fold by 2032",
  "url": "https://urgent.news/2026/10/12/indias-battery-storage-capacity-set-to-surge-nearly-50-fold-by-2032",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-12T09:30:00.000Z",
  "source": {
    "name": "OilPrice",
    "slug": "oilprice",
    "url": "https://oilprice.com/Latest-Energy-News/World-News/Indias-Battery-Storage-Capacity-Set-to-Surge-Nearly-50-Fold-by-2032.html"
  },
  "original_language": "en",
  "account": "India's annual battery storage installations are projected to double annually by 2032, according to a new report by Nuvama. The country's total battery energy storage systems (BESS) capacity is expected to surge to 302 gigawatt-hours (GWh) by 2032, up from the current 6.3 GWh. This would signify a compound annual growth rate of 91% during the period, according to Nuvama analysts. India's Central Electricity Authority estimates BESS installations would reach 236 GWh by FY32, while the India Energy Storage Alliance (IESA) predicts a requirement of about 888 GWh of energy storage capacity by 2035-36. Energy storage is crucial for supporting the rapid growth of renewable energy sources and enabling greater grid flexibility, as highlighted by Ashok Jhunjhunwala, Institute Professor at IIT Madras. In a bid to better manage renewable energy output and reduce curtailments, India plans to introduce a regulation from July 1, 2027, requiring developers of solar and wind energy projects to install battery storage at project sites.",
  "summary": "India’s annual battery storage installations are set to nearly double every year by the 2032 fiscal year, as the renewable energy boom drives increased investment in battery energy storage systems (BESS), a new report by Nuvama has shown. Total BESS capacity installations in India are expected to jump to 302 gigawatt-hours (GWh) in 2032, up from just 6.3 GWh at present, suggesting a compound…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}