<h1>Study warns India needs 61-97 GW energy storage by 2030-2032, requires $40-50B and urgent policy action</h1> A government-linked study projects India will need 61 GW/218 GWh of energy storage by 2030 and about 97 GW/362 GWh by 2032 to support 500 GW of non-fossil capacity, requiring USD 40-50 billion investment by 2032 and rapid policy and market action. Under current Renewable Purchase Obligations, non-fossil capacity can exceed targets but inadequate storage could force utilities to procure significant new thermal capacity (about 57-80 GW by 2030-2032), raising legal and regulatory risks for energy planning, procurement, grid reliability obligations, and compliance with state and national RPOs.