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IESA champions battery storage growth, welcomes Government’s second VGF tranche
India Energy Storage Alliance (IESA) supports government’s second Viability Gap Funding (VGF) tranche to advance 30 GWh of battery storage by 2028, backed by Rs 54 billion from the Power System Development Fund and showcased at India Energy Storage Week 2025 (IESW 2025).Read more
By 2032 India will have 123 million EVs on-road under NEV goal
By 2032, the projected stock of electric vehicles (EVs) is expected to reach approximately 4.3 million, 5.8 million, and 10 million electric four-wheelers under the Worst Case, Business as Usual (BAU), and New Energy Vehicle (NEV) scenarios, respectively.Read more
