India's Cumulative Battery Energy Storage Capacity Is Projected To Reach 346 GWh By 2033

 

 

 

India Energy Storage Alliance Releases White Paper: Cumulative Battery Storage Capacity Projected to Reach 346 GWh by 2033

 

 

 

 

India's stationary energy storage sector is undergoing rapid expansion. The battery energy storage systems market is seeing explosive growth, with the total pipeline of battery energy storage system (BESS) projects reaching a record high of 92 GWh-compared to a current cumulative installed capacity of less than 1 GWh-this figure is projected to surge significantly to 346 GWh by 2033. This milestone was highlighted at the India Stationary Energy Storage Conference 2026, held at the Dwarka Yashobhoomi.

During the conference, the India Energy Storage Alliance (IESA) and Customized Energy Solutions jointly released a comprehensive white paper outlining the sector's growth trajectory and future outlook. The report notes that over the past year, 69 new BESS tenders were issued, totaling 102 GWh-a 35% increase compared to 2024. Under a baseline scenario, stationary energy storage capacity is projected to reach 346 GWh by 2033; however, if policy support accelerates, this figure could potentially rise to 544 GWh. Alternatives to batteries for energy storage, such as pumped hydro, are also expected to undergo substantial expansion, growing from 7 GW in 2025 to 107 GW by 2033.

The industry's growth is driven by supportive policies-including Energy Storage Obligations (ESO), Viability Gap Funding (VGF), and the recognition of energy storage under the Electricity (Amendment) Rules, 2025-supplemented by incentives such as a 100% waiver on Inter-State Transmission System (ISTS) charges. Safety remains a key consideration, with ongoing discussions around lithium ion battery energy storage system fires highlighting the importance of robust design and risk mitigation measures in large-scale deployments.

 

 

Nearly 5 GWh of new capacity is expected to be commissioned in 2026-a tenfold increase over previous years-marking an imminent breakthrough for India's stationary energy storage sector. This expansion includes both fixed installations and innovative mobile battery energy storage system solutions that offer greater flexibility for grid support and remote applications.

Among the emerging players contributing to this dynamic landscape is BLOO POWER, which is actively participating in the development and deployment of advanced energy storage technologies in the Indian market.