2025 Agenda

India’s energy storage landscape is experiencing unprecedented momentum, with Q1 2025 alone witnessing tenders for 9.5GW of utility-scale Energy Storage Systems (ESS) – surpassing the entire capacity tendered throughout 2024. Notably, standalone systems account for nearly two-thirds (64%) of these tenders, signaling a significant shift in deployment strategy. The government’s expanded Viability Gap Funding (VGF) scheme has emerged as a critical catalyst for this growth. Following the substantial decline in battery prices, the scheme has dramatically increased its support for Battery Energy Storage Systems (BESS) from an initial 4,000 MWh to an ambitious 13,200 MWh. This expansion offers developers up to 30% capital cost subsidy, capped at ₹4.6 million per MWh, fundamentally transforming project economics across the sector.

• How are recent policy updates supporting or slowing BESS adoption in India?
• What are the current gaps in India’s ESS tendering process and how can they be addressed?
• Are government incentives aligned with long-duration and short-duration storage needs?
• How can India structure tariffs and subsidies to compete globally?

The energy storage landscape is undergoing a dramatic transformation, with battery prices plummeting 31% between 2022 and 2024. This steep decline is rapidly enhancing the economic viability of Battery Energy Storage Systems (BESS), with forecasts indicating further cost reductions from $95/kWh in FY 2025 to $68/kWh by FY 2030. Particularly noteworthy is the lithium-ion battery segment, where pack prices experienced their most significant annual decrease since 2017, falling 20% to reach $115/kWh in 2024.

As this cost revolution unfolds, it creates both opportunities and strategic imperatives for India’s emerging battery manufacturing ecosystem.

• What does India need to do to match China’s battery supply chain dominance?
• How will US tariffs and Inflation Reduction Act policies impact Indian export potential?
• What are the infrastructure gaps India must close to become a reliable exporter?
• How are CXOs planning to localize manufacturing while maintaining global quality standards?
• What government support is needed to attract global anchor clients?

India’s energy storage sector is transitioning from pilot projects to large-scale commercial deployment, driven by the rapid rise of renewable energy and evolving grid requirements. How far along is the market in terms of installed capacity, pipeline projects, and regulatory readiness?

• How is India’s energy storage strategy evolving to prioritize national energy security alongside project economics, particularly given that only 16% of current generation capacity comes from energy storage systems while the majority relies on traditional hydro?
• What role should thermal storage and other LDES technologies play in India’s future energy storage mix compared to battery deployments?
• How do the lifetime costs of medium and long-duration energy storage technologies compare in the Indian market context, and what financing mechanisms are emerging to support their deployment at scale?

If you would like to speak on this presentation, please contact daniele.moreschi@informa.com for the bronze package rates today.

Tariffs have plummeted from ₹1.08 million (~$12,570)/MW/month in 2022 to a mere ₹221,000 (~$2,550)/MW/month in recent tenders. This precipitous 40% decline compared to non-VGF projects represents not just a pricing adjustment but a fundamental market realignment that could accelerate India’s energy transition timeline. Reduced import duties create more favourable CAPEX environment, potentially unlocking a new wave of investment in a sector previously constrained by economic viability concerns.

• How have global battery supply chain developments contributed to the tariff reductions?
• With CAPEX requirements significantly reduced, what new financing models are emerging?
• How do India’s current BESS tariffs compare globally, and what does this mean for the country’s position in the international energy storage market?
• What technologies are winning in this new price environment?
• What is your forecast for BESS tariffs over the next 3-5 years? Will we see continued declines or stabilization?

• How are data centers and IT parks integrating battery storage to ensure uptime?
• What are the unique needs of industrial offtakers compared to utilities?
• Can commercial and industrial (C&I) users aggregate demand to make storage cost-competitive?
• Which industrial sectors are most prepared to adopt behind-the-meter storage?
• What models can drive adoption among small and mid-sized manufacturers?
• What’s the ROI outlook for battery deployment in process-heavy industries?

Connect with leading experts across the entire energy storage value chain in this unique speed consulting session, participants will have 10-minute one-on-one consultations with specialists in development, investment, manufacturing, and strategic consulting. Participants can present specific challenges and receive personalized, actionable advice from professionals who understand India’s rapidly evolving energy storage landscape.

Sessions are available on a first-come, first-served basis, with participants encouraged to come prepared with a focused question to maximize their consultation time. This is your opportunity to gain strategic insights that can help overcome barriers and capitalize on opportunities in India’s expanding energy storage market.

How It Works

• Book your slot at the registration desk (first-come, first-served)
• Select your expert based on your specific challenge
• Prepare one focused question to maximize your 10-minute session
• Show up on time you won’t get extra time if you are late

Consultation Topics

• Navigating India’s BESS market (2026 projections)
• Accessing project financing in an emerging market
• Technology selection for specific applications
• Grid integration challenges and solutions
• Regulatory compliance and policy incentives
• Cost optimization across the value chain

Maximize Your Session

• Bring relevant project specifications
• Focus on a specific challenge rather than general overview
• Come prepared with data points to enable precise recommendations

Meet Our Consultants

Developers

Investors & Financial Experts

OEMs & Technology Providers

Industry Consultants

The Indian Battery Energy Storage System (BESS) market stands at the cusp of extraordinary growth, with projections indicating an expansion from ₹650 billion (USD 7.8 billion) in 2024 to a remarkable ₹2.67 trillion (USD 32 billion) by 2030. This represents a robust Compound Annual Growth Rate (CAGR) of 27% during the 2025-2030 period, creating unprecedented opportunities for investors, developers, and financial institutions across the energy storage value chain. As this market quadruples in size over the next six years, innovative financing structures will be essential to unlock capital at scale and accelerate deployment across utility, commercial, and industrial applications. The evolution of these financial mechanisms will fundamentally shape India’s energy transition landscape and determine which stakeholders capture value in this rapidly expanding sector.

• What are the dominant financial models emerging in India for BESS?
• How can debt providers be educated on ESS revenue models?
• What are realistic expectations for revenue stacking in the Indian market?
• How can concessional finance accelerate early projects?
• Are SPVs or leasing models better suited for the Indian context?

If you would like to speak on this presentation, please contact daniele.moreschi@informa.com for the silver package rates today.

• What are the key considerations when choosing between borrowing, buying, or building BESS assets?
• How do land acquisition and permitting affect deployment timelines in India?
• What role should EPCs play in long-term asset ownership models?
• How do grid integration challenges vary across Indian states?
• How can developers manage evolving technology risk during long-term contracts?

With supply chain security and domestic manufacturing becoming strategic imperatives, nations around the world are racing to establish local battery supply ecosystems. This panel will compare how long it has taken leading markets such as China, the U.S., and Europe, to build domestic capacity across mining, cell manufacturing, and recycling. What lessons can India draw from their experiences, and what unique pathways can the country carve out to reduce dependence on imports and become a global battery hub?

• How long did it take countries like China, the U.S., and Germany to localize key segments of their battery supply chain—and what were the enablers?
• What policy levers (e.g., subsidies, tariffs, joint ventures) have proven most effective in accelerating domestic manufacturing?
• How can India balance speed and scale while ensuring quality and sustainability in its battery supply chain?
• What role do public-private partnerships and foreign investments play in fast-tracking supply chain development?
• What critical raw materials or processing capabilities should India prioritize to reduce external dependencies?

If you would like to speak on this presentation, please contact daniele.moreschi@informa.com for the bronze package rates today.

• Is India’s BESS market already saturated for early movers?
• How much will CAPEX/OPEX fall in the next 5 years—and should that affect timing?
• Can first movers establish strategic partnerships that late entrants can’t?
• How can companies manage risks of regulatory uncertainty while entering early?
• What technologies should developers monitor before making large-scale entry decisions?

How effectively can the batteries and other energy storage systems originally designed for peak shaving also serve real-time applications like demand-side management (DSM) or frequency response?

• Can one battery system serve both peak shaving and fast-response DSM without compromising lifecycle or cost?
• How do lithium-ion and alternative chemistries perform under India’s varied climatic conditions, from coastal humidity to desert heat?
• Which storage technologies are best suited for long-duration balancing vs. short-term grid response in the Indian context?
• What are the key innovations in thermal management and BMS to extend battery life and improve safety?
• How can hybrid systems be optimized for multi-service functionality on the grid?

How can companies, universities, and policymakers can collaborate to develop a robust talent pipeline?

• What are the most urgent skill gaps in India’s energy storage industry today?
• How can academia and industry collaborate to align technical education with real-world ESS needs?
• What role can policy and incentives play in supporting workforce development for energy storage?
• How are companies attracting and retaining top talent in a competitive global market?
• What future roles or expertise will emerge as energy storage technologies evolve (e.g., AI, cybersecurity, hybrid systems)?