Rajasthan concludes battery storage tender at ₹2.85 lakh/MW/month
after close1 source ↓written by the desknot a recommendation
- standalone battery energy
- 500 MW/2000 MWh
- system tender
- ₹2.85 lakh/MW/month
- initially
- ₹4.44 lakh
- to Patanjali Ayurved
- 250 MW
- each to Ultravibrant
- 50 MW
Rajasthan Rajya Vidyut Utpadan Nigam Ltd has finalized a 500 MW/2000 MWh standalone battery energy storage system tender at ₹2.85 lakh/MW/month, the lowest in India for a 4-hour cycle. This price reflects a significant drop from ₹4.44 lakh initially, indicating competitive pricing in the energy storage market.
The awarded contracts include 250 MW to Patanjali Ayurved and 50 MW each to Ultravibrant Solar Energy, MEC Power Solutions, and others. This development may enhance market dynamics for energy storage solutions in India.
Not investment advice. For informational purposes only.