Crisil says high battery prices may delay 12 GWh BESS commissioning
In short
Crisil Ratings said nearly 21% of battery storage projects being built, about 12 GWh, may be delayed because returns look weak. The issue is linked to high battery prices.
This matters because some projects may take longer to start up. The reporting does not say which projects are affected or how much the delay could be.
What the reporting says
Crisil Ratings said nearly 21% of under-construction battery energy storage system capacity, or about 12 GWh, faces weak return potential that may delay commissioning. The report points to high battery prices as the reason some projects may not move as planned. The immediate consequence is possible timing slippage for part of the pipeline, while the exact projects and schedule impact are not stated in the available reporting.
Why it matters
Crisil Ratings said nearly 21% of under-construction BESS capacity, about 12 GWh, may face commissioning delays because returns are weak. The report links the pressure to high battery prices. That could affect developers and power buyers expecting new storage capacity. The available reporting does not identify the specific projects, timing, or whether all of the 12 GWh will slip.