NTPC Clears ₹5,822 Crore Battery Storage Programme — 4.70 GWh Across Five Thermal Stations
India's largest public sector power company approves its most ambitious energy storage rollout yet. Tender covers 2,500 MW / 10,000 MWh across five NTPC thermal stations — setting a new benchmark for utility BESS pricing in India.
India EV Sales FY2026: Record 1.4 Million Electric 2-Wheelers — Battery Demand Surges
FY2026 closed with a record 1.4 million electric 2Ws sold — commanding 57% of total India EV volume. Rising sales are driving replacement battery demand, with prices expected to fall 10–15% by FY2027.
Budget 2026-27: Customs Duty Exemption Extended to BESS Manufacturing Components
India's Union Budget extended customs duty exemptions to equipment used in lithium-ion battery manufacturing for stationary BESS — directly reducing system costs for domestic integrators and buyers.
CATL Signs 60 GWh Sodium-Ion Deal — Could Drop Battery Prices 30% Below LFP
CATL confirmed mass production of sodium-ion batteries in Q4 2026 at cost 30% below LFP. This could trigger a new round of global battery price falls — including India's import cell prices — by 2027.
Vikram Solar Launches VION Lithium Battery Range for Home Storage & Mobility
PowerHive (Vikram Solar's battery arm) launched VION lithium batteries in March 2026 — signalling India's top solar OEM entering home storage and pushing competitive pressure on existing inverter battery prices.
BYD Third-Gen Sodium-Ion Targets 10,000 Cycles — Solid-State by 2027
BYD's third-generation sodium-ion platform targets 10,000 cycle life, and sulphide-based solid-state batteries may enter small-scale production by 2027 — setting the direction of battery technology for the next decade.
| Project | Developer / Procurer | Capacity | Location | Price / Tariff | Status | Date |
|---|---|---|---|---|---|---|
| NTPC Standalone BESS Portfolio | NTPC | 2,500 MW / 10,000 MWh | 5 Thermal Stations | ₹2.10–2.80/kWh cycle | Tender Issued | Apr 2026 |
| Adani Group BESS — Khavda | Adani Green Energy | 1,126 MW / 3,530 MWh | Khavda, Gujarat | Not disclosed | Near Commissioning | Nov 2025 |
| Enrich Energy — NTPC Simhadri | Enrich Energy / NTPC | 290 MWh | Simhadri, Andhra Pradesh | Contract price undisclosed | Contract Signed | Apr 2026 |
| NLC India Solar + Storage (SECI) | NLC India / SECI | 300 MW solar + 1,800 MWh | TBC | Tender tariff TBA | LoA Awarded | Feb 2026 |
| JSW Energy BESS — Kerala | JSW Energy / KSEB | 125 MW / 500 MWh | Kerala | ₹2.35/kWh (est.) | Awarded | 2025–26 |
| HP Solar + BESS — Tihra Khas | HP State Government | 6 MW solar + 4.2 MWh | Himachal Pradesh | Tender tariff TBA | Tender Issued | May 2026 |
⚡ Price/tariff data from public tender documents, SECI disclosures, and industry sources. Updated as new tenders are published. See full utility BESS price analysis →
* Sodium-ion cost projection from CATL April 2026 announcement. Mass production pricing for India not yet confirmed.