⚡ Live Prices
Li Carbonate (China)CNY 177,000/t▲ +163% YoY
LFP Cell$65–75/kWh▼ -5% YoY
NMC Cell$80–100/kWh— Stable
Home Inverter-Battery (India)₹45,000–60,000— 1 kVA system
Utility BESS (India)₹2.10–2.80/kWh▼ -67% since 2023
India EV Sales (Apr 2026)2,25,000+ units▲ 5.7% PV penetration
India BESS Pipeline92 GWh▲ +385% since 2024
Li Carbonate (China)CNY 177,000/t▲ +163% YoY
LFP Cell$65–75/kWh▼ -5% YoY
NMC Cell$80–100/kWh— Stable
Home Inverter-Battery (India)₹45,000–60,000— 1 kVA system
Utility BESS (India)₹2.10–2.80/kWh▼ -67% since 2023
India EV Sales (Apr 2026)2,25,000+ units▲ 5.7% PV penetration
India BESS Pipeline92 GWh▲ +385% since 2024
Breaking — 5 May 2026

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, while CATL signs a 60 GWh sodium-ion deal that could reshape global battery economics.

📍 India + Global 🔋 BESS & Battery Tech ⏱ Updated: 5 May 2026, 08:00 IST
92 GWh
India BESS Pipeline (2026)
5 GWh
Expected online by Dec 2026
₹2.10
Utility BESS cost per kWh cycle
1.4M
Electric 2Ws sold in FY2026
Battery & Inverter Price Index
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Lithium Carbonate
177K
CNY/tonne · China Spot
▲ +163% YoY
SMM / Trading Economics
LFP Cell (Global)
$65–75
USD/kWh · Cell Level
▼ -5% YoY
BloombergNEF Dec 2025
NMC Cell (Global)
$80–100
USD/kWh · Cell Level
— Stable
BNEF / EVLithium 2026
Home System (India)
₹45K+
per 1 kVA LFP system
— ₹8–12K/kWh
Retail aggregators 2026
Utility BESS (India)
₹2.10
per kWh cycle · LCOE
▼ -79% since 2023
Ember / Mercom 2026
India Battery & Storage — Today's News
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India · NTPC

Enrich Energy Signs 290 MWh BESS Contract with NTPC — Simhadri, Andhra Pradesh

Enrich Energy signed a contract with NTPC on 27 April 2026 for a 290 MWh turnkey BESS project at Simhadri Thermal Power Station, covering BMS, EMS, SCADA, PCS, and inverter-duty transformers.

Policy · Budget

Union Budget 2026-27 Extends Customs Duty Exemption to BESS Manufacturing Components

India's Union Budget for FY2026-27 extended customs duty exemptions to equipment used in lithium-ion battery manufacturing for stationary BESS — reducing import costs for domestic integrators.

EV Sales

India EV Sales April 2026: Record FY2026 with 1.4 Million Electric 2-Wheelers

April 2026 saw e-2W sales dip seasonally to 1.48 lakh units. But FY2026 ended with a record 1.4 million electric 2Ws sold — commanding 57% of total India EV volume. EV car penetration hit 5.7% of PV sales in April. Tata Motors led with 8,507 EV units.

India · Launch

PowerHive (Vikram Solar) Launches VION Lithium Battery Range for Home & Mobility

PowerHive, the battery arm of Vikram Solar, launched VION lithium batteries in March 2026, targeting distributed residential backup and EV mobility — signalling the entry of India's top solar OEM into home storage.

Global Battery Technology — This Week
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Global · CATL

CATL Signs 60 GWh Sodium-Ion Deal — Mass Production Confirmed Q4 2026

CATL signed a 60 GWh sodium-ion energy storage agreement with HyperStrong on 27 April 2026. Chief Scientist confirms all four core manufacturing barriers resolved. Cell cost expected 30% below LFP at scale.

Global · BYD

BYD Third-Gen Sodium-Ion Battery Targets 10,000 Cycles; Sulphide Solid-State by 2027

BYD disclosed advances in its third-generation sodium-ion platform (10,000-cycle target) and sulphide-based solid-state batteries potentially entering small-scale production by 2027.

Global · MIT

Sodium-Ion Batteries Named MIT Technology Review Breakthrough Technology of 2026

MIT Technology Review included sodium-ion batteries in its "10 Breakthrough Technologies 2026" list, citing manufacturing maturity, cost-competitiveness, and freedom from lithium/cobalt supply chains.

India BESS Project Tracker — Latest Entries
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Project Developer / Procurer Capacity Location Chemistry Status Date
NTPC Standalone BESS — Thermal Stations Portfolio NTPC (tender issued) 2,500 MW / 10,000 MWh 5 NTPC Thermal Stations LFP (assumed) Tender Issued Apr 2026
NLC India Solar + Storage (SECI) NLC India / SECI 300 MW solar + 1,800 MWh TBC Not specified LoA Awarded Feb 2026
JSW Energy Standalone BESS — Kerala JSW Energy / SECI / KSEB 125 MW / 500 MWh Kerala Not specified Awarded 2025–26
Adani Group BESS — Khavda, Gujarat Adani Green Energy 1,126 MW / 3,530 MWh Khavda, Gujarat LFP (Li-ion) Near Commissioning Nov 2025
Enrich Energy BESS — NTPC Simhadri Enrich Energy / NTPC 290 MWh Simhadri, Andhra Pradesh Not specified Contract Signed 27 Apr 2026
Himachal Pradesh Solar + BESS HP State Govt 6 MW solar + 4.2 MWh Tihra Khas, HP Not specified Tender Issued May 2026
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