India to invite bids for 4000 MWhr BESS projects: R K Singh
India set to invite global bids for battery storage projects totaling 4,000 MWhr (megawatt-hours), Union Power Minister R K Singh said. He announced while addressing the US India Strategic Partnership Forum and industry leaders in a Virtual Energy Industry Roundtable.
The battery project of 12 gigawatt-hours (GWhr) will be set up in Ladakh, he added.
"Soon, 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 projects in Ladakh," the declaration cited Singh.
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, he stated.
Another 63 GW of renewable capacity is under construction, Singh said. The minister also notified the conference that India would be inviting bids for green hydrogen in the next 3-4 months to pave the way for feasible usage of hydrogen as fuel.
"We have been working constantly to increase our pumped hydro storage capacity... the world requires to come up with a greater number of eletrolyzers, battery storage facilities, etc to bring economies of scale in these technologies and make these commercially viable," he said.