Grid scale battery storage may get a GST sweetener

NEW DELHI  : The power ministry is considering recommending slashing the goods and services tax on grid-scale battery storage to 5% in order to help India transition to an energy mix with a bigger share of renewables.  Goods and services tax on lithium ion batteries used for utility or grid-scale power projects is 18% and for non-lithium ion batteries it is 28%. “There is a consideration…