Latest news with #ISTS-connected
&w=3840&q=100)
Business Standard
22-05-2025
- Business
- Business Standard
NTPC Green Energy wins 80MW battery storage project in Kerala auction
NTPC Green Energy Ltd (NGEL) emerged as the winning bidder in the e-reverse auction conducted by NHPC on May 21, 2025, a regulatory filing said Press Trust of India New Delhi State-owned NTPC Green Energy on Thursday said it has bagged a battery energy storage project in Kerala in an auction conducted by NHPC. The 80MW/320MWh battery energy storage project will provide power back-up or supply of 80MW for four hours. NTPC Green Energy Ltd (NGEL) emerged as the winning bidder in the e-reverse auction conducted by NHPC on May 21, 2025, a regulatory filing said. The auction was part of NHPC's tender for the selection of Battery Energy Storage System (BESS) developers for setting up of 125MW / 500MWh ISTS-connected standalone BESS in Kerala. NGEL has secured two key projects under the initiative. Letter of award from NHPC is awaited, it stated.
Time of India
12-05-2025
- Business
- Time of India
Reliance NU Energies secures 525 MW solar-plus-storage project in SJVN tender
New Delhi: Reliance NU Energies has secured the largest share in the Solar Energy Corporation of India ( SECI )-backed SJVN tender for an Inter-State Transmission System (ISTS)-connected Solar plus Battery Energy Storage System (BESS) project, with a total allocation of 525 MW, according to a media release issued by the company. The allocation includes 350 MW of solar generation capacity and 175 MW/700 MWh of battery energy storage system capacity. The tariff for the project has been discovered at ₹3.33 per kWh for a 25-year period. The bidding was conducted under the build-own-operate (BOO) model and is part of a larger 1,200 MW solar and 600 MW/2,400 MWh BESS ISTS-connected project floated by SJVN, a public sector enterprise under the Ministry of Power. A total of 19 bidders participated in the auction, out of which 18 qualified for the e-reverse auction. The tender was oversubscribed by over four times. Reliance NU Energies, a subsidiary of Reliance Power, stated that the latest win brings its clean energy development pipeline to 2.5 GWp of solar and more than 2.5 GWh of battery storage capacity. The project will provide a minimum four-hour daily discharge to ensure dispatchable renewable power supply, particularly during peak demand periods. The power will be supplied to state distribution companies. 'This successful bid underscores Reliance Power's continued progress and commitment to becoming a leading player in India's renewable energy sector,' the company stated. Earlier, Reliance NU Suntech, a 100% subsidiary of Reliance NU Energies, had signed a 25-year power purchase agreement with SECI for a 930 MW solar and 465 MW/1860 MWh BESS project. That project, with a tariff of ₹3.53 per kWh and an investment of ₹10,000 crore, is set to be Asia's largest Solar + BESS installation. Reliance Power currently operates a 5,305 MW generation portfolio, which includes the 3,960 MW Sasan Ultra Mega Power Project.
