India's Ambitious Energy Storage Targets and Green Hydrogen Mission
Key Ideas
- India plans to achieve 74 GW of battery energy storage and 50 GW of pumped hydro storage by 2031–32, showing a significant expansion from the current 205 MW capacity.
- Union Power Minister Khattar highlighted the importance of energy storage to stabilize the grid and provide constant access to clean energy, as India aims to reach 50% renewable energy generation by the end of the year.
- The Minister referenced IAEA estimates, stressing the global need to increase energy storage capacity sixfold by 2030 to meet climate and energy targets, while also noting the considerable drop in energy storage costs in recent years.
- India's green hydrogen mission, with an investment of Rs 19,744 crore, aims to produce 10 million metric tons of green hydrogen and build 60–100 GW of electrolyzer capacity, aligning with the nation's commitment to sustainable energy solutions.
At the India Energy Storage Week (IESW) 2025, Union Power Minister Manohar Lal Khattar announced India's ambitious energy storage targets. By 2031–32, India aims to achieve 74 GW of battery energy storage system (BESS) capacity and 50 GW of pumped hydro storage, a significant increase from the current 205 MW of BESS capacity. Khattar emphasized the importance of expanding storage infrastructure to stabilize the grid and ensure continuous access to reliable clean energy, especially as the country progresses towards its goal of reaching 50% renewable energy generation. The Minister referred to International Atomic Energy Agency (IAEA) estimates, highlighting the global necessity to enhance energy storage capacity sixfold by 2030 to meet climate and energy objectives. Additionally, Khattar noted a substantial reduction in energy storage costs, from Rs 10 lakh to Rs 2.5 lakh per megawatt per month within just a few years. In line with sustainable energy initiatives, India's green hydrogen mission, with an investment of Rs 19,744 crore, targets the production of 10 million metric tons of green hydrogen and the construction of 60–100 GW of electrolyzer capacity. This mission underscores India's commitment to advancing clean and eco-friendly energy solutions to address environmental challenges and foster a sustainable energy landscape.