JSW Neo Energy and Reliance Power acquired 500 MW every from Solar Energy Corp. of India (SECI) which is the newest tender to arrange 1 GW/2 GWh of standalone battery vitality storage tasks.

From pv journal India

SECI allotted 1 GW/2 GWh of standalone battery vitality storage capability at a month-to-month common value of $4,551.33/MW.

JSW Neo Energy received 500 MW, whereas Reliance Power bought the stability of 500 MW on the second lowest tariff, towards a bid amount of 1 GW.

SECI will signal battery vitality storage buy agreements (BESPA) with profitable bidders to offer vitality storage services to consumers based mostly on the phrases and circumstances of the tender.

The builders chosen by SECI will assemble the battery vitality storage techniques (BESS) on a build-own-operate foundation at their chosen places.

SECI will buy vitality storage from these techniques for numerous buying entities in India.

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