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GUVNL 2000 MW/4000 MWh Standalone Battery Energy Storage Project

Sector: Energy Storage • Location: Gujarat, India

Source: SolarQuarter

Project
Awarded

Gujarat Urja Vikas Nigam Ltd. (GUVNL) completed the auction for a 2000 MW/4000 MWh standalone battery energy storage system (BESS) in Gujarat, India. The project aims to support on-demand power usage and balance peak and off-peak power requirements in the state. The auction was tariff-based and attracted strong developer participation. Selected developers must complete the project within 18 months

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Project Information

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The project “GUVNL 2000 MW/4000 MWh Standalone Battery Energy Storage Project” is an infrastructure initiative in the Energy Storage sector, located in Gujarat, India. Taiyo aggregates data on it from SolarQuarter.

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Participants

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awarded

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Description

Description

Gujarat Urja Vikas Nigam Ltd. (GUVNL) completed the auction for a 2000 MW/4000 MWh standalone battery energy storage system (BESS) in Gujarat, India. The project aims to support on-demand power usage and balance peak and off-peak power requirements in the state. The auction was tariff-based and attracted strong developer participation. Selected developers must complete the project within 18 months from the effective date of the BESPA, with a maximum grace period of nine months subject to penalties. The project will receive viability gap funding from the Power System Development Fund, with payments released in three stages based on project milestones.

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Source

Source reliability

High

Data quality score

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Source

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URL

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More Details

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