VFBATTERY REPORT
Policy

Asia

Page 735 of 768
Battery Report 2025, page 735: Asia
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India’s Battery Policy and Regulatory Landscape PLI Scheme: ₹18,100 crore program to boost 50 GWh of advanced chemistry cell battery production with 10GWh allocated to Grid Scale Stationary Storage. Battery Recycling Policy: In development to support a circular energy economy. State Incentives: Multiple states offering manufacturing benefits to attract battery plant investments National Critical Mineral Mission (NCMM), with 1690 million$ incentive to boost recycling capacity for critical minerals.

India’s Policy Levers

National Energy Storage Framework: A comprehensive policy vision to streamline storage development. Advisory on Solar + Storage: Recommends solar projects to include 10% or two hours of storage Electricity (Amendment) Rules, 2025 - Enable BESS to operate independently or within the power network, and allow ownership and trading of storage capacity by any entity. Waivers and Incentives:

Waiver of Inter-State Transmission System (ISTS) charges for BESS upto June’28.

Viability Gap Funding (VGF): Initially targeted 4 GWh of storage, later increased to 13.5 GWh, with funding up to 30% of project costs.

Energy storage policies have been evolving since 2014, gaining momentum both on the supply and demand side after the Ministry of New and Renewable Energy (MNRE) set a national target of achieving 500 GW of renewable capacity by 2030.

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