Pricing India’s storage demand gap | HappeningNow.news

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Pricing India’s storage demand gap

The volume is genuinely extraordinary. Government-owned undertakings including Solar Energy Corp.

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India’s 2025 battery‑storage tender volume exceeded the total awarded in the three preceding years combined. Since the country’s inaugural standalone energy‑storage auction in 2022, winning bids have dropped roughly 86%, indicating sharply lower prices. Vision Mechatronics CEO Rashi Gupta cautions that industry reports often treat headline gigawatt‑hour figures as a stand‑in for actual demand, a practice she says misrepresents the market’s true needs.

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