SolarQuarter reports that India’s BESS requirement is estimated at 8.68 GW / 34 GWh by 2026-27 before scaling to 47.24 GW / 236 GWh by 2031-32. Pumped storage is also expected to grow to 26.69 GW / 175 GWh by 2031-32, taking the combined grid-storage investment requirement toward INR 4.78 lakh crore. The government has extended ISTS charge waivers for eligible BESS and PSP projects and allowed storage assets to provide ancillary services, making storage central to renewable integration and real-time grid balancing.
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