1 min read.Updated: 07 Aug 2019, 06:55 PM ISTAnindya Upadhyay, Bloomberg
Sterlite Power CEO Pratik Agarwal says he expects central, state govts to issue battery tenders totaling several gigawatts of capacity by no later than the end of next year
India is forecast to have 34 gigawatts of battery storage capacity by 2030
New Delhi: Sterlite Power Grid Ventures Ltd., one of India’s biggest private transmission companies, sees a $35 billion investment opportunity into grid-connected energy storage projects in the country over the next decade to support government renewables targets.
Chief Executive Officer Pratik Agarwal said in an interview in New Delhi that he expects central and state governments to issue battery tenders totaling several gigawatts of capacity by no later than the end of next year.