Featured in As simple as IBC – 03-2023

Utilities seek firm solutions

As Indian power companies finally wake up to the urgent need for energy storage to even out supply from the nation’s solar energy boom, pumped hydro appears set to lead the way against battery installations, as Bridge to India MD Vinay Rustagi reports.

As a growing economy with low per capita consumption, India’s power demand has been rising at an average rate of around 5% per annum. One interesting trend over the past few years has been the relatively sharp increase in evening peak power demand, which touched 216 GW this year, a jump from 155 GW in …

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