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50 MW Standalone Battery Energy Storage System in Punjab

Sector: Energy Storage • Location: Punjab, India

Source: InvestyWise

Project
Awarded

Ceigall India Limited has been selected to develop a 50 MW Standalone Battery Energy Storage System (BESS) in Punjab. The project was awarded by Punjab State Power Corporation Limited (PSPCL) through a tariff-based global competitive bidding process. The project involves construction, operation, and maintenance of the plant with a long-term Battery Energy Storage Purchase Agreement (BESPA) for 12

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

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Participants

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Description

Description

Ceigall India Limited has been selected to develop a 50 MW Standalone Battery Energy Storage System (BESS) in Punjab. The project was awarded by Punjab State Power Corporation Limited (PSPCL) through a tariff-based global competitive bidding process. The project involves construction, operation, and maintenance of the plant with a long-term Battery Energy Storage Purchase Agreement (BESPA) for 12 years after the Scheduled Commercial Operation Date. The project cost is estimated at Rs. 125 Crore with an 18-month execution timeline and a tariff rate of Rs. 2.99/KWh.

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