India awards 1.5 GWh battery storage tender
after close1 source ↓written by the desknot a recommendation
- Limited awarded
- 15-year tender
- battery energy storage
- 375 MW / 1500 MWh
- bids ranged
- ₹6.45 to ₹6.46 per kWh
The Uttar Pradesh Power Corporation Limited awarded a 15-year tender for a 375 MW / 1500 MWh battery energy storage system. Winning bids ranged from ₹6.45 to ₹6.46 per kWh. KCC Buildcon, Agastya Energy, and MKC Infrastructure secured the contracts, enhancing India's energy storage capacity. ⚡
This development supports India's renewable energy goals and may boost investor sentiment in the energy sector.
Not investment advice. For informational purposes only.