Skip to content
Menu
CapexCue · Public evidence · Printed 11 Nov 2026
Explore projects / Project dossier

IndiGrid 180 MW/360 MWh standalone battery energy storage system project

India · Energy

In-depth research Release 1

Project scope

Planned 180 MW/360 MWh standalone battery energy storage system, designed to enhance grid stability and ensure reliable power during peak demand.

Reported status and procurement

Reported development
Not established
Procurement availability
Unknown / not established

Reported financing

IFC reported that it had committed the financing.

A source report alone does not establish current progress or an open buying window.

Project summary

IFC’s release displayed on July 3, 2025 describes a planned 180 MW/360 MWh standalone battery storage project in Gujarat, India, and reports that IFC and IndiGrid partnered to develop it. The project is intended to support grid stability and reliable power at peak demand. IFC reports committing INR 4.6 billion in long-term financing to IndiGrid, including approximately US$16.5 million in concessional support from the Clean Technology Fund. The release says the investment was made during the quarter ended June 30, 2025.

Evidence limits and unknowns

The July 2025 release identifies Gujarat but not a more specific project site.

The supplied announcement describes the project as planned but does not provide a construction schedule or a later implementation-status update.

The supplied announcement does not state a procurement timetable, equipment package requirements, or procurement availability.

Is this project a fit for your company?

Check how this project relates to what your company supplies, with evidence gaps and a next step.

Create your account for free and include your business details to get custom commercial assessments.

Project metadata

Country
India
Based on reviewed release evidence
Region
Asia
Category
Energy
Derived from released evidence
Physical assets
Battery Storage

Based on this release's supporting evidence. Unresolved fields remain unclassified; these labels do not establish current progress or a buying window.

Released facts and supporting evidence

Each fact retains its source, uncertainty and time context. If a publisher page moves or is unavailable, use the recorded quotation and observation date below.

Date

Source reported

The release displays July 3, 2025; its body dateline is New Delhi/Mumbai, 02 July 2025, and it says the investment was made during the quarter ended June 30, 2025.

Attributed to www.ifc.org.

Source: www.ifc.org · publication date not recorded · observed 2026-10-17

Sources and evidence · www.ifc.org
Source published: Not recordedObserved: 2026-10-17

www.ifc.org
Attributed to www.ifc.org

Technical record · The release displays July 3, 2025; its body …
Evidence location
/html/body/div[3]/div/div/div[2]/div/div/div[2]/div/div/div/div/div/div/div/div/div[2]/div/span/text-position:777
Claim confidence
0.90 on a 0–1 evidence-support scaleNot a probability of project success or procurement availability.
Claim reference
2aec30c2-aa8e-4bd5-962f-ed6f8b5b23a1
Evidence reference
f75193d4-4096-4180-b00e-b430bc91b982
Source revision
1e059d74-832b-4774-b9ba-94fc4fc9da52
Content fingerprint
7b8146d1da035662d87cda7b304898d02165682e078c7adb2817bd76f68cb2ec
Source address
https://www.ifc.org/en/pressroom/2025/ifc-and-indigrid-partner-to-build-india-s-largest-utility-scale-energy-storage-pro

Project name

Source reported

IndiGrid 180 MW/360 MWh standalone battery energy storage system project

Attributed to www.ifc.org.

Source: www.ifc.org · publication date not recorded · observed 2026-10-17

Sources and evidence · www.ifc.org
Source published: Not recordedObserved: 2026-10-17

www.ifc.org
Attributed to www.ifc.org

Technical record · IndiGrid 180 MW/360 MWh standalone battery energy storage …
Evidence location
/html/body/div[3]/div/div/div[2]/div/div/div[2]/div/div/div/div/div/div/div/div/div[1]/div/h1
Claim confidence
0.90 on a 0–1 evidence-support scaleNot a probability of project success or procurement availability.
Claim reference
831eaca5-12d5-48ea-88e1-6776c2e94714
Evidence reference
ade7bd55-12b1-4d65-a652-5dfe31159998
Source revision
1e059d74-832b-4774-b9ba-94fc4fc9da52
Content fingerprint
7b8146d1da035662d87cda7b304898d02165682e078c7adb2817bd76f68cb2ec
Source address
https://www.ifc.org/en/pressroom/2025/ifc-and-indigrid-partner-to-build-india-s-largest-utility-scale-energy-storage-pro

Scope

Planned

Planned 180 MW/360 MWh standalone battery energy storage system, designed to enhance grid stability and ensure reliable power during peak demand.

Attributed to www.ifc.org.

Source: www.ifc.org · publication date not recorded · observed 2026-10-17

Sources and evidence · www.ifc.org
Source published: Not recordedObserved: 2026-10-17

www.ifc.org
Attributed to www.ifc.org

Technical record · Planned 180 MW/360 MWh standalone battery energy storage …
Evidence location
/html/body/div[3]/div/div/div[2]/div/div/div[4]/div/div/div/div/div/div[1]/div/div/div/div/p[1]
Claim confidence
0.90 on a 0–1 evidence-support scaleNot a probability of project success or procurement availability.
Claim reference
ef0f6c6b-e1e1-4a58-b7b4-2a9e68de870e
Evidence reference
0cd9c69c-843e-4895-a891-e2b738eae6a9
Source revision
1e059d74-832b-4774-b9ba-94fc4fc9da52
Content fingerprint
7b8146d1da035662d87cda7b304898d02165682e078c7adb2817bd76f68cb2ec
Source address
https://www.ifc.org/en/pressroom/2025/ifc-and-indigrid-partner-to-build-india-s-largest-utility-scale-energy-storage-pro

Location

Source reported

Gujarat, India; no more specific site is identified.

Attributed to www.ifc.org.

Source: www.ifc.org · publication date not recorded · observed 2026-10-17

Sources and evidence · www.ifc.org
Source published: Not recordedObserved: 2026-10-17

www.ifc.org
Attributed to www.ifc.org

Technical record · Gujarat, India; no more specific site is identified.
Evidence location
/html/body/div[3]/div/div/div[2]/div/div/div[4]/div/div/div/div/div/div[1]/div/div/div/div/p[1]
Claim confidence
0.90 on a 0–1 evidence-support scaleNot a probability of project success or procurement availability.
Claim reference
56bc6686-467c-46b2-9e80-cb4b610f29a8
Evidence reference
0cd9c69c-843e-4895-a891-e2b738eae6a9
Source revision
1e059d74-832b-4774-b9ba-94fc4fc9da52
Content fingerprint
7b8146d1da035662d87cda7b304898d02165682e078c7adb2817bd76f68cb2ec
Source address
https://www.ifc.org/en/pressroom/2025/ifc-and-indigrid-partner-to-build-india-s-largest-utility-scale-energy-storage-pro

Developer

Source reported

IFC and IndiGrid are reported to have partnered to develop the project.

Attributed to www.ifc.org.

Source: www.ifc.org · publication date not recorded · observed 2026-10-17

Sources and evidence · www.ifc.org
Source published: Not recordedObserved: 2026-10-17

www.ifc.org
Attributed to www.ifc.org

Technical record · IFC and IndiGrid are reported to have partnered …
Evidence location
/html/body/div[3]/div/div/div[2]/div/div/div[4]/div/div/div/div/div/div[1]/div/div/div/div/p[1]
Claim confidence
0.90 on a 0–1 evidence-support scaleNot a probability of project success or procurement availability.
Claim reference
7831ee4b-436d-4764-b8c3-4bf22df312d7
Evidence reference
0cd9c69c-843e-4895-a891-e2b738eae6a9
Source revision
1e059d74-832b-4774-b9ba-94fc4fc9da52
Content fingerprint
7b8146d1da035662d87cda7b304898d02165682e078c7adb2817bd76f68cb2ec
Source address
https://www.ifc.org/en/pressroom/2025/ifc-and-indigrid-partner-to-build-india-s-largest-utility-scale-energy-storage-pro

Source programme

Source reported

The approximately US$16.5 million concessional support was from the Climate Investment Funds' Clean Technology Fund.

Attributed to www.ifc.org.

Source: www.ifc.org · publication date not recorded · observed 2026-10-17

Sources and evidence · www.ifc.org
Source published: Not recordedObserved: 2026-10-17

www.ifc.org
Attributed to www.ifc.org

Technical record · The approximately US$16.5 million concessional support was from …
Evidence location
/html/body/div[3]/div/div/div[2]/div/div/div[4]/div/div/div/div/div/div[1]/div/div/div/div/p[2]
Claim confidence
0.90 on a 0–1 evidence-support scaleNot a probability of project success or procurement availability.
Claim reference
679b0f09-42cb-4ec8-92b9-e19b978fb1eb
Evidence reference
41738197-c111-469e-ab77-5d641bd64c0d
Source revision
1e059d74-832b-4774-b9ba-94fc4fc9da52
Content fingerprint
7b8146d1da035662d87cda7b304898d02165682e078c7adb2817bd76f68cb2ec
Source address
https://www.ifc.org/en/pressroom/2025/ifc-and-indigrid-partner-to-build-india-s-largest-utility-scale-energy-storage-pro

Financing stage

Source reported

IFC reported that it had committed the financing.

Attributed to www.ifc.org.

Source: www.ifc.org · publication date not recorded · observed 2026-10-17

Sources and evidence · www.ifc.org
Source published: Not recordedObserved: 2026-10-17

www.ifc.org
Attributed to www.ifc.org

Technical record · IFC reported that it had committed the financing.
Evidence location
/html/body/div[3]/div/div/div[2]/div/div/div[4]/div/div/div/div/div/div[1]/div/div/div/div/p[2]
Claim confidence
0.90 on a 0–1 evidence-support scaleNot a probability of project success or procurement availability.
Claim reference
02a07b6e-44fa-4592-bf0d-df43fb833fa6
Evidence reference
41738197-c111-469e-ab77-5d641bd64c0d
Source revision
1e059d74-832b-4774-b9ba-94fc4fc9da52
Content fingerprint
7b8146d1da035662d87cda7b304898d02165682e078c7adb2817bd76f68cb2ec
Source address
https://www.ifc.org/en/pressroom/2025/ifc-and-indigrid-partner-to-build-india-s-largest-utility-scale-energy-storage-pro

Financing amount

Source reported

IFC committed INR 4.6 billion (approximately US$55 million) in long-term financing to IndiGrid through listed non-convertible debentures; approximately US$38.5 million was from IFC's own account and approximately US$16.5 million was concessional support.

Attributed to www.ifc.org.

Source: www.ifc.org · publication date not recorded · observed 2026-10-17

Sources and evidence · www.ifc.org
Source published: Not recordedObserved: 2026-10-17

www.ifc.org
Attributed to www.ifc.org

Technical record · IFC committed INR 4.6 billion (approximately US$55 million) …
Evidence location
/html/body/div[3]/div/div/div[2]/div/div/div[4]/div/div/div/div/div/div[1]/div/div/div/div/p[2]
Claim confidence
0.90 on a 0–1 evidence-support scaleNot a probability of project success or procurement availability.
Claim reference
ec9a4c38-976f-4d81-b4ae-a4da50ff331c
Evidence reference
41738197-c111-469e-ab77-5d641bd64c0d
Source revision
1e059d74-832b-4774-b9ba-94fc4fc9da52
Content fingerprint
7b8146d1da035662d87cda7b304898d02165682e078c7adb2817bd76f68cb2ec
Source address
https://www.ifc.org/en/pressroom/2025/ifc-and-indigrid-partner-to-build-india-s-largest-utility-scale-energy-storage-pro
Source report history

Prior and superseded states remain labelled. Dates below identify source publication when known, otherwise source observation. They are not assumed event dates; each fact retains its own time qualifications.

  1. No material timeline events have been released.

Follow this project

Get project updates by email when new information is published.

Follow for free without an account, with the option to unsubscribe anytime. We'll email you a link to confirm.

DEEPRFP, S.L.U. uses your email and selected project to confirm and deliver the updates you request. You can stop anytime. Product news needs a separate opt-in. Read the Privacy Policy for legal bases, recipients, retention, your rights and contact details.