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Welcome the charge of India's battery brigade

Mint Kolkata

|

August 01, 2025

With their global prices softening, storage batteries have the potential to disrupt our power market, hasten utility reforms, attract entrepreneurs and empower electricity consumers

Electricity regulators in Maharashtra and Gujarat recently approved battery projects to be set up by their respective state-owned utilities, marking the adoption of power storage facilities by two large Indian states. Delhi had operationalized one unit a few months ago. These are designed to soak up excess electricity from solar-panel farms for its supply to consumers when the sun doesn't shine. With battery prices having dropped globally by 30% over the past year and the Centre aiding its adoption by providing funds to plug viability gaps, these states have been quick to seize what's arguably the fastest way to gain clean supply stability in the face of solar interruptions caused by cloud cover and sunsets.

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Battery storage to jump 6x by 2047

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Uber India valuation surges amid battle with Ola, Rapido

November funding values shares 41% higher than the previous round in May 2023

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EV, hydro boom to power 6x rise in battery storage by ‘47

India is preparing to meet a projected cumulative battery energy storage capacity of nearly 3 terawatt-hours (TWh) by 2047 across electric mobility, power, and electronic components, according to two people aware of the development, with electric vehicles (EVs) expected to contribute a third of the demand.

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Climate crisis: Innovation works, compression doesn't

After weeks of hot air, the UN’s CoP summit limped to an end in Brazil's Amazonian hub of Belém over the weekend, with a ‘deal’ that delivers nothing measurable for the climate, while wasting political capital and much effort on pledges.

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Mint Kolkata

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PepsiCo taps gourmet taste buds with Red Rock Deli’s India debut

Snack and cola maker PepsiCo is finally giving gourmet a chance with the launch of Red Rock Deli chips, priced ₹60 and ₹125 a pack, in a shift from its years-long focus on mass-market Lay's that starts as low as ₹5.

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2 mins

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Mint Kolkata

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Cabinet approves ₹7,280 cr rare earth magnets scheme

The scheme has been drawn up along the lines of India’s semiconductor mission

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2 mins

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Mint Kolkata

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PORTFOLIO MANAGEMENT AND ASSET ALLOCATION LESSONS FROM THE MAHABHARAT

Thenote can move freely across need and time.

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2 mins

November 27, 2025

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