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India will require 888 GWh of energy storage system capacity by 2035-36, up from 1 GWh currently, according to an industry report released on Wednesday. The report highlighted how energy storage is now the key pillar in strengthening grid reliability and enabling the country's renewable energy ambitions, a statement said. India will require 888 GWh of energy storage system (ESS) capacity by 2035-36, from the existing 1 GWh scale, according to the 'India BESS Market Review' released by India Energy Storage Alliance (IESA) and Customized Energy Solutions (CES) at India Energy Storage Week (IESW) here on Wednesday. The inaugural session of IESW 2026 featured industry leaders and delegates from 15 countries. Debmalya Sen, President of IESA, said on the occasion that the IESW 2026 is more than an industry summit; it's a testament to how far India has come on its clean energy journey. The 888 GWh target by 2035-36 signals a new era where energy storage is at the centre of our energy ...
India must add nearly 2,000 gigawatts of new power generation capacity over the next two decades to meet rising energy demand while reducing dependence on imported fuels, Adani Green Energy Executive Director Sagar Adani said, calling electrification the country's clearest pathway to energy security. Speaking at the inaugural Adani Green Electrification Dialogue here, Adani said India faces the dual challenge of meeting surging electricity demand while ensuring energy remains affordable, accessible and increasingly clean amid growing geopolitical uncertainty. "We are talking about a structural leap, adding nearly 2,000 gigawatts of new capacity over the next two decades. All while ensuring that this energy remains affordable, accessible, and increasingly clean. That is the scale of the opportunity. And that is India's defining challenge," he said. Adani said India consumed about 10,000 terawatt-hours of energy across all fuel sources in 2024, compared with 32,810 terawatt-hours in .
Global energy transition readiness has declined for the first time in more than a decade amid a surge in geopolitical risks, but India has registered one of the strongest improvements, a new report showed on Thursday. Sweden, Finland and Denmark retained their top three positions globally on the World Economic Forum's Energy Transition Index 2026, while India advanced two places to rank 70th. "India was one of the strongest improvers globally in the Energy Transition Index 2026, recording one of the largest gains in transition readiness and strengthening its position as a key player in the next phase of the global energy transition," the WEF said. It attributed India's improvement to stronger energy transition readiness and broad-based system gains, driven by a sharp rise in infrastructure, alongside improvements in equity, sustainability and financial investment. The proportion of low-carbon jobs increased by 24 per cent in India in 2024, as renewable energy jobs reached 1.3 milli
Bio-energy is emerging as a key pillar of India's green growth strategy and is set to play a crucial role in the country's energy transition, Trade Promotion Council of India (TPCI) said on Sunday. The council, on June 12, gathered policymakers, diplomats, industry leaders, energy experts, innovators, and stakeholders from across the bio-energy ecosystem to deliberate on strategies for accelerating India's transition towards sustainable and energy-secure growth. It said that the council has constituted a Bio-Energy Committee to bring together stakeholders across the sector, facilitate dialogue on policy and regulatory reforms, and recommend frameworks to accelerate adoption and unlock investment potential. "Our goal is to strengthen India's bio-energy ecosystem and align industry priorities with our national climate commitments, including the pledge to achieve net-zero emissions. Now is the time. Collaboration will be the key. Government, industry, and academia must work together to
Chief economic advisor V Anantha Nageswaran on Friday said managing Macroeconomic fundamentals like the balance of payments and current account deficit has assumed a larger priority for the government right now as the West Asia conflict has triggered a massive global energy shock. Speaking at an event on securitisation, Nageswaran said the West Asia conflict has led to a "energy shock" where the prices have moved north after the supply impact due to issues in the Strait of Hormuz. "In the current context of having to deal with the energy price, energy shock, current account deficit (CAD) and the balance of payments (BoP), etc. These, therefore, have assumed a much larger priority, urgency at this point," Nageswaran said. Refraining from giving any policy prescriptions on the securitisation front, Nageswaran stressed that the financial market has to keep up with the activity in the real sector and reminded that it was the extra focus on derivative products which led to the Global ...