The Karnataka Power Transmission Corp. Ltd has allocated 350 MW/700 MWh to three bidders in its tender for 500 MW/1 GWh battery energy storage system (BESS).
The tender yielded the lowest price of INR 2.49 lakh per megawatt of project nominal power per month from Sarala Project Works, which secured its bid capacity of 50 MW/100 MWh at this price.
Pace Digitek and Oriana Power were allocated 250 MW/500 MWh and 50 MW/100 MWh, respectively, at a price of INR 2.54 lakh per megawatt of project nominal power per month.
The winning developers will implement BESS projects on a build-own-operate (BOO) basis in the vicinity of selected substations across Karnataka. The projects are eligible for central financial assistance in the form of viability gap funding.
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