Branch2 Intelligence
Economic Advisory Council to the Prime Minister calls for rapid scale-up of grid-scale battery storage
Key takeaway
India's EAC-PM recommends rapid grid-scale battery storage to manage solar integration.
- Step 11st-order: EAC-PM recommends rapid grid-scale battery storage scale-up.
- Step 22nd-order: Indian government likely to announce procurement targets or subsidies for battery storage.
- Step 33rd-order: Increased demand for lithium-ion batteries in India, tightening global supply and raising battery raw material prices.
Source: Economic Times — Economy
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