WORLD – Storage Systems
Billionaire Gautam Adani plans to build a multi-billion dollar battery energy storage system in western India to support his group’s renewable energy ambitions.
The proposed installation will have a power storage capacity of 1,126 megawatts, according to an exchange filing Tuesday. When completed by March 2026, it would be India’s top battery storage facility and among the largest single-location systems globally, it said.
The project, which is being developed at Khavda in Gujarat state as part of Adani Group’s vast renewable energy complex, was reported by Bloomberg News earlier Tuesday. The conglomerate aims to scale its storage capacity to 15 Gigawatt-hour (GWh) by March 2027, and to 50 GWh within five years, it said in the statement.
Battery energy storage is becoming increasingly vital to modern energy systems, as grids grapple with balancing large influxes of intermittent solar and wind power generation. India’s total power capacity is expected to reach about 800 megawatts this year, according to data from BloombergNEF. The country will need to accelerate battery installations to meet its goal of doubling clean power capacity to 500 gigawatts by the end of the decade.
The group is also in discussions with several international firms for technological support, according to people familiar with the matter, who asked not to be identified as the discussions are private.
Bloomberg reported in August that Adani is exploring a tie-up with Chinese EV giant BYD Co. for battery manufacturing. – ERMD/Bloomberg News
MORE NEWS
Sindh Expands Mobile Healthcare Services Across 17 Districts
The Sindh government is working to improve the efficiency of its mobile health unit system…
Pakistan, World Bank Group Agree to Accelerate Reforms and Investment-Led Growth
Federal Minister for Economic Affairs Ahad Khan Cheema met World Bank Group (WBG) President Ajay…
ECNEC Approves 11 Development Projects in Energy, Infrastructure, Healthcare, Technology
The Executive Committee of the National Economic Council (ECNEC), chaired by Deputy Prime Minister and…
Pakistan, EU Explore Cooperation in Electric Vehicle Skills Development
Advisor to the Prime Minister for Industries and Production Haroon Akhtar Khan has directed the…
NUST Honours 66 PhD Scholars and 54 Medal-Winning Undergraduates at Convocation
Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal has urged graduates of the…
IBA, AKU and Habib University Join Hands to Rethink Education in the AI Era
The Institute of Business Administration (IBA) Karachi, in collaboration with Aga Khan University (AKU) and…

