Rajasthan awards 500 MW battery storage tender at ₹2.85 lakh
pre-market1 source ↓written by the desknot a recommendation
- battery energy storage
- 500 MW/2000 MWh
- a tariff
- ₹2.85 lakh/MW/month
Rajasthan Rajya Vidyut Nigam has awarded a 500 MW/2000 MWh battery energy storage system (BESS) tender at a tariff of ₹2.85 lakh/MW/month. This marks a significant move, expanding the participant pool to include new entrants like Patanjali Ayurved and Ultravibrant Solar Energy.
The awarded tender is nearly on par with previous tariffs, indicating competitive pricing in the BESS sector. This development may enhance market sentiment in renewable energy investments. ⚡
Not investment advice. For informational purposes only.