BESS Deployment in India Faces Challenges with Underbidding and Delays

India is having trouble using battery storage for its renewable energy.

The country is auctioning off battery storage projects, but the prices are dropping very quickly.

This leads to a situation where companies may bid too low.

Also, it takes time to connect these projects to the grid, which can cause delays.

There are also delays in signing contracts for the projects.

These problems mean that we're not using the battery storage as fast as we could.

This is an issue because it is necessary to store solar and wind energy so there will be an adequate power supply, especially in the evenings.