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50 MW Battery Energy Storage System Project in Punjab

Sector: Energy Storage • Location: Punjab, India

Source: ETEnergyworld.com

Project
Awarded

Ceigall India Ltd has been selected to set up a 50 MW standalone Battery Energy Storage System (BESS) project in Punjab under tariff-based global competitive bidding conducted by Punjab State Power Corporation Limited (PSPCL). The project includes development, operation, and maintenance of the battery storage plant under a long-term Battery Energy Storage Purchase Agreement (BESPA) with an operati

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The project “50 MW Battery Energy Storage System Project in Punjab” is an infrastructure initiative in the Energy Storage sector, located in Punjab, India. Taiyo aggregates data on it from ETEnergyworld.com.

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Description

Description

Ceigall India Ltd has been selected to set up a 50 MW standalone Battery Energy Storage System (BESS) project in Punjab under tariff-based global competitive bidding conducted by Punjab State Power Corporation Limited (PSPCL). The project includes development, operation, and maintenance of the battery storage plant under a long-term Battery Energy Storage Purchase Agreement (BESPA) with an operational period of 12 years from the scheduled commercial operation date. The execution timeline for the project is 18 months with an estimated cost of about ₹125 crore and a tariff amount of ₹2.99/kWh.

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