Gujarat Urja Vikas Nigam Limited has announced the results of its viability gap funding tender for 335 MW/670 MWh standalone battery energy storage systems (BESS) under Phase VIII.
Advait Energy Transitions secured 150 MW/300 MWh at a tariff of Rs 210,000 per MW per month, while Equentia Natural Resources DMCC won 65 MW/130 MWh at Rs 211,999 per MW per month. Sun Drops Energia secured 120 MW/240 MWh at Rs 212,000 per MW per month through the bucket filling method.
The scope of work covers design, financing, supply, installation, testing and commissioning, along with operations and maintenance services. The systems are required to be available to GUVNL for charging and discharging as per demand requirements and support two charge-discharge cycles, with charging and injection to be carried out through the Gujarat Energy Transmission Corporation network as per state load dispatch centre directions. The projects will receive viability gap funding of Rs 1.8 million per MWh of awarded capacity under the power system development fund.