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In ten months, India’s battery storage assembly industry has gone from a few containerised-system lines to a pipeline that, on company statements alone, adds up to about 180 GWh a year. Roughly 30-34 GWh is operating today. The rest is a mix of groundbreakings, state approvals and memoranda of understanding. Reliance’s upcoming 40 GWh (Long term-120 GWh) Jamnagar gigafactory, if counted, takes the total past 220 GWh. 
Set that against demand. CRISIL Ratings expects 45–50 GWh of storage to be commissioned across FY27 and FY28 combined, up from about 1 GWh at the end of FY26. That is roughly 25 GWh a year. Anyone who covered solar manufacturing in 2023 knows how this overcapacity arithmetic tends to end. The honest question is whether it ends the same way, and how soon. Read full story at BessXchange…
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