India aims to achieve 74 GW of battery energy storage system (BESS) capacity and 50 GW of pumped hydro storage by 2031–32, Union Power Minister Manohar Lal Khattar announced at the India Energy Storage Week (IESW) 2025.

Currently, the country has only 205 MW of installed BESS capacity. Addressing the 11th edition of the event, Khattar said, “India has made significant strides in its energy generation efforts. Currently, we have reached almost 50 per cent of our total generation capacity of 472 gigawatts, and by the end of this year, India is on track to achieve the 50 per cent renewable energy milestone.” He emphasised that expanding storage infrastructure is essential to stabilize the grid and ensure 24/7 access to reliable clean energy.

Citing International Atomic Energy Agency (IAEA) estimates, the Minister noted the world must increase energy storage capacity sixfold by 2030 to meet climate and energy goals. Khattar also highlighted the drop in energy storage costs from Rs 10 lakh to Rs 2.5 lakh per megawatt per month in just three to four years. He added that India's Rs 19,744 crore green hydrogen mission aims to produce 10 million metric tons and build 60–100 GW of electrolyzer capacity.