MHI to Float 10 GW RFP for Stationary Energy Storage: Joint Secy Vijay Mittal
The Ministry of Heavy Industries (MHI) plans to issue a 10 GW Request for Proposal for grid-scale energy storage systems, aimed at enhancing India's manufacturing capabilities for advanced battery systems, as part of its electric vehicle initiative, announced MHI Joint Secretary Vijay Mittal during International Summit on Lithium-Ion Batteries.
October 05, 2024. By Mrinmoy Dey
He stated that the initiative will enhance India's ability to manufacture battery energy storage systems with advanced chemistry cells, essential for grid-scale energy storage and electric vehicle (EV) mobility.
“The Ministry of Heavy Industry is leading the mission of indigenous manufacturing of chemistry cells in the country as part of our electric vehicle (EV) initiative. Our goal is to achieve net zero by 2070 and reduce the need for imports of internal combustion engine (ICE) vehicles, addressing environmental concerns,” he added.
The government’s ACC-PLI scheme is expected to provide a significant boost to domestic battery manufacturing capacity. “We have allocated over 40 GWh out of 50 GWh to various OEMs for indigenous manufacturing of ACC,” informed Mittal.
Over 300 industry leaders gathered at the event held at the India International Centre (IIC) in New Delhi to discuss various topics including new R&D, innovation, manufacturing, supply chain, raw materials, stationary energy storage, electric mobility, recycling, second life, and others.
Debi Prasad Dash, President of IESA, commented, “The lithium-ion battery industry is crucial to India's clean energy goals. This summit will help shape the roadmap for the country’s transition to sustainable energy, presenting a unique opportunity for Indian and global players to collaborate and innovate. With the projected demand and developments in technology, this is the right time for increased investment and focus on scaling lithium-ion battery manufacturing in India.”
India is expecting a cumulative demand of 600-900 GWh Lithium batteries by 2032. With these huge opportunities, India is also working on appropriate safety standards considering the application, temperature, and environmental conditions.
Dr. Rahul Walwalker, Chairman of IESA stated, “In 2020, there were only around 100 GWh of manufacturing expected to occur outside of China. However, the current expectation is that in the next 5 to 10 years, there will be a minimum of 1,000 GWh, and possibly up to 1,500 GWh, of manufacturing set up outside of China.”
He further added that many countries are looking for an alternative to relying solely on China, creating a potential market opportunity of up to 2,500 GWh for the supply chain in India. “The goal is to scale up manufacturing in India, with the initial target being 50 GWh set up by the ACCPLI, and a larger vision set by the IESA for India is to have a minimum of 550 GWh of cell manufacturing by 2035.”
As one of the world's leading importers of lithium-ion batteries, India is at the forefront of adopting advanced energy storage technologies. In FY 2023, India imported lithium-ion batteries worth USD 3.59 billion from countries like China, South Korea, Vietnam, and Japan. The country is home to over 100 lithium battery pack manufacturing companies, catering to the electric vehicle (EV), power electronics, and stationary storage sectors.
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