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Grid battery storage projects get INR 3,760 crore support, Auto News, ET Auto - Vimarsana News

Grid battery storage projects get INR 3,760 crore support, Auto News, ET Auto

Battery Storage Project: Storage tariffs are currently unviable due to high battery costs and non-existent market. The government is aiming at a levelized storage cost of between INR 5.50-INR 6.60 per kilowatt-hour to make stored renewable energy a viable option for managing peak demand.