Latest news with #NIRL
Time of India
a day ago
- Business
- Time of India
Battery storage TN closer to reality, as three firms bag tender for 1000MWh systems
Chennai: Tamil Nadu moved a step closer to achieving the storage of excess green power, as three companies won the tender floated by TN Green Energy Corporation Ltd (TNGECL) to set up a 1,000 MWh battery storage system in the state. NLC India Renewables Limited (NIRL), a wholly owned subsidiary of NLC India Limited (NLCIL), was awarded a 500 MWh battery energy storage system . Bondada Engineering Ltd won the bid to set up a 400 MWh battery system, while Oriana Power will set up a 100 MWh battery system. These companies can store 1 lakh million units of electricity to release it in two cycles when the power demand peaks. TNGECL MD Aneesh Sekhar said that the winning bidders should connect the fully developed battery systems to the grid in 18 months. NLC India Limited (NLCIL) said that their project involves the development of three standalone battery storage systems with a combined capacity of 250 MW / 500 MWh. These systems will be established at the 400/230/110 kV substations in Ottapidaram, Anuppankulam, and Kayathar, all located in the state. The battery energy storage systems will be implemented under the Build-Own-Operate (BOO) model and were awarded through a tariff-based competitive bidding process as part of the state component of the Viability Gap Funding (VGF) scheme. Tamil Nadu has an installed capacity of nearly 19,000 MW of wind and solar energy, making battery storage a viable option. TNPDCL officials said the battery storage system will help store excess renewable energy during off-peak hours and discharge when the power demand peaks. This will reduce grid instability, prevent blackouts, and enhance the efficiency of Tamil Nadu's clean energy network, said an official. TNPDCL will procure energy storage services from NIRL through a long-term Battery Energy Storage Purchase Agreement (BESPA) for a period of 12 years. NLC India Limited earlier commissioned an 8 MWh BESS integrated with a 20 MW solar project in the Andaman Islands. That project played a key role in reducing diesel consumption and improving power reliability in the region, the firm said.
Time of India
a day ago
- Business
- Time of India
Battery storage TN closer to reality, as three firms bag tender for 1000MWh systems
Chennai: Tamil Nadu moved a step closer to achieving the storage of excess green power, as three companies won the tender floated by TN Green Energy Corporation Ltd (TNGECL) to set up a 1,000 MWh battery storage system in the state. NLC India Renewables Limited (NIRL), a wholly owned subsidiary of NLC India Limited (NLCIL), was awarded a 500 MWh battery energy storage system . Bondada Engineering Ltd won the bid to set up a 400 MWh battery system, while Oriana Power will set up a 100 MWh battery system. These companies can store 1 lakh million units of electricity to release it in two cycles when the power demand peaks. TNGECL MD Aneesh Sekhar said that the winning bidders should connect the fully developed battery systems to the grid in 18 months. NLC India Limited (NLCIL) said that their project involves the development of three standalone battery storage systems with a combined capacity of 250 MW / 500 MWh. These systems will be established at the 400/230/110 kV substations in Ottapidaram, Anuppankulam, and Kayathar, all located in the state. The battery energy storage systems will be implemented under the Build-Own-Operate (BOO) model and were awarded through a tariff-based competitive bidding process as part of the state component of the Viability Gap Funding (VGF) scheme. Tamil Nadu has an installed capacity of nearly 19,000 MW of wind and solar energy, making battery storage a viable option. TNPDCL officials said the battery storage system will help store excess renewable energy during off-peak hours and discharge when the power demand peaks. This will reduce grid instability, prevent blackouts, and enhance the efficiency of Tamil Nadu's clean energy network, said an official. TNPDCL will procure energy storage services from NIRL through a long-term Battery Energy Storage Purchase Agreement (BESPA) for a period of 12 years. NLC India Limited earlier commissioned an 8 MWh BESS integrated with a 20 MW solar project in the Andaman Islands. That project played a key role in reducing diesel consumption and improving power reliability in the region, the firm said.
Time of India
2 days ago
- Business
- Time of India
Battery storage TN closer to reality, as three firms bag tender for 1000MWh systems
Chennai: Tamil Nadu moved a step closer to achieving the storage of excess green power, as three companies won the tender floated by TN Green Energy Corporation Ltd (TNGECL) to set up a 1,000 MWh battery storage system in the state. NLC India Renewables Limited (NIRL), a wholly owned subsidiary of NLC India Limited (NLCIL), was awarded a 500 MWh battery energy storage system. Bondada Engineering Ltd won the bid to set up a 400 MWh battery system, while Oriana Power will set up a 100 MWh battery system. These companies can store 1 lakh million units of electricity to release it in two cycles when the power demand peaks. TNGECL MD Aneesh Sekhar said that the winning bidders should connect the fully developed battery systems to the grid in 18 months. NLC India Limited (NLCIL) said that their project involves the development of three standalone battery storage systems with a combined capacity of 250 MW / 500 MWh. These systems will be established at the 400/230/110 kV substations in Ottapidaram, Anuppankulam, and Kayathar, all located in the state. The battery energy storage systems will be implemented under the Build-Own-Operate (BOO) model and were awarded through a tariff-based competitive bidding process as part of the state component of the Viability Gap Funding (VGF) scheme. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Sólo 1 vaso antes de acostarte y perderás hasta 10 kg en 1 mes NEWSCASA Undo T amil Nadu has an installed capacity of nearly 19,000 MW of wind and solar energy, making battery storage a viable option. TNPDCL officials said the battery storage system will help store excess renewable energy during off-peak hours and discharge when the power demand peaks. This will reduce grid instability, prevent blackouts, and enhance the efficiency of Tamil Nadu's clean energy network, said an official. TNPDCL will procure energy storage services from NIRL through a long-term Battery Energy Storage Purchase Agreement (BESPA) for a period of 12 years. NLC India Limited earlier commissioned an 8 MWh BESS integrated with a 20 MW solar project in the Andaman Islands. That project played a key role in reducing diesel consumption and improving power reliability in the region, the firm said.
The Hindu
2 days ago
- Business
- The Hindu
NLC India Renewables secures 500-MWh battery energy storage system project in Tamil Nadu
Neyveli India Renewables Limited (NIRL), a subsidiary of NLC India Ltd, has secured a 500-MWh Battery Energy Storage System (BESS) project of the Tamil Nadu Green Energy Corporation Limited (TNGECL). The award comprises the development of three standalone BESS projects with a combined capacity of 250 MW/500 MWh, to be established at Ottapidaram, Anuppankulam, and Kayathur substations, all located in Tamil Nadu. According to an official release, the project will be executed under the Build-Own-Operate (BOO) model and was awarded to NLCIL through a tariff-based competitive bidding process under the State component of the Viability Gap Funding (VGF) scheme. Under the current tender agreement, the Tamil Nadu Power Distribution Corporation Limited (TNPDCL) will procure energy storage services from NIRL through a long-term Battery Energy Storage Purchase Agreement (BESPA) for 12 years. According to NLCIL Chairman-cum-Managing Director Prasanna Kumar Motupalli: 'This landmark project is a testament to NLCIL's evolution from a lignite-based Public Sector Undertaking to a leader in India's clean energy transformation. The award of the 500 MWh BESS from TNGECL positions NLCIL at the forefront of energy storage innovation in the country. The company remains committed to building a sustainable and flexible power ecosystem that supports India's decarbonisation goals.' This is the first large-scale BESS project to be undertaken by the company and marks a major milestone in India's transition towards clean, dispatchable, and flexible power systems. This achievement also takes NLCIL a step closer to its strategic vision of achieving 10 GW renewable energy capacity by 2030, aligning with India's net-zero ambitions and energy security goals.
New Indian Express
2 days ago
- Business
- New Indian Express
Tamil Nadu awards first large-scale battery storage project to NLC India Renewables
CHENNAI: In a major step towards augmenting clean and reliable power supply in Tamil Nadu, a first-of its-kind contract for setting up 500 MWh Battery Energy Storage System (BESS) has been awarded to NLC India Renewables Limited (NIRL). The project awarded by Tamil Nadu Green Energy Corporation Limited (TNGECL) is the first large-scale battery storage system to come up in Tamil Nadu after the state came up with an exclusive policy for energy storage systems. Under the central government's Viability Gap Funding (VGF) Scheme, 30% of the capital cost for BESS will be provided as financial support. Tamil Nadu is among the six renewable energy-rich states that were allocated BESS capacities under the initiative alongside Gujarat, Karnataka, Rajasthan, Telangana, and Maharashtra. Officials said the battery system will help store surplus solar and wind energy, which are seasonal energy sources, and supply the power generated when needed, especially during night hours or cloudy days. The award comprises development of three standalone BESS projects with a combined capacity of 250 MW / 500 MWh, to be established at 400/230/110 kV Ottapidaram Substation, 400/230/110 kV Annpankulam Substation and 400/230/110 kV Kayathar Substation in Tamil Nadu. A senior official from TNGECL said that large-scale tapping of renewable energy sources like solar and wind comes with its own challenges, including technology for storing power during lean seasons and managing the state's power grid, as these sources are not available throughout the year.
