NTPC Vidyut Vyapar Nigam Limited (NVVN) has announced the auction results for its 250 MW/1,000 MWh standalone battery energy storage systems (BESS) tender in India.
Sunsure Energy has been awarded 125 MW/500 MWh at a tariff of Rs 6.64 per kWh, while Enerica Infra 1 (EnerGrid) secured 125 MW/500 MWh at a tariff of Rs 6.65 per kWh. The viability gap funding support of up to Rs 2.7 million per MWh or 30 per cent of the capital cost, whichever is lower, will be provided. The BESS projects will be developed under a build-own-operate model. Moreover, the BESS projects must be made available for charging and discharging on an on-demand basis and maintain a minimum monthly availability of 95 per cent. The tender includes a greenshoe option for an additional 250 MW/1,000 MWh.