Draft Tariff Based Competitive Bidding Guidelines for Procurement of Storage Capacity/Stored Energy from Pumped Storage

The National Framework for Promotion of Energy Storage Systems (ESS) 2023 aims at facilitating India's energy transition and enhance energy security as the country shifts from fossil fuel to non-fossil fuel sources, driven by Renewable Energy (RE). As part of India’s action plan in combating Climate Change, India plans to have 500 GW of nonfossil-based electricity installed capacity by 2030, so that non-fossil cleaner fuel comprises of 50% of the installed capacity mix by 2030.