India sees dramatic plunge in battery storage costs, Ministry reports
Market trends suggest battery energy storage systems (BESS) will likely operate 1.5 cycles per day, bringing the effective storage cost down to just INR 2.8/kWh (0.031/kWh), the Ministry said on Monday. December 15, 2025 Marija Maisch Image: FRV Australia From ESS News The Indian Ministry of Power said in a statement on Monday that the cost of battery energy storage systems (BESS) in India has dropped sharply over recent years. Tariff-based competitive bidding during 2022–23 revealed costs of...











