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EnergyIndia

India to require state utilities to add energy storage capacity

India plans to make state-owned power utilities add energy storage. The aim is to waste less of the clean power the country generates, as storage capacity lags behind.

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Photo: Kecko from Eastern Switzerland, CC BY 2.0, via Wikimedia Commons

Energy ·

India will soon require state-owned utilities to add energy storage capacity, a senior official said on Thursday. The step is meant to cut the waste of generated power while the clean energy boom continues.

Energy

Pankaj Agarwal, secretary of the Indian Power Ministry, spoke at the Bharat Renewable Energy Summit. He said federal authorities will set the requirement for state utilities.

Energy

Agarwal added that India is working to launch more clean energy tenders for energy storage. A tender is a public call for companies to bid on a project.

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  • Pankaj Agarwal, Secretary, Indian Power Ministry

This article is not investment advice. It was written by our automated newsroom from published reports and official statements, using only the facts in them. How we work · Report a mistake
Photo: Kecko from Eastern Switzerland, CC BY 2.0, via Wikimedia Commons

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