IndiGrid, Kintech and H.G. Infra win NVVN’s BESS auction
Author: PPD Team Date: October 28, 2024
IndiGrid, Kintech Synergy, and H.G. Infra Engineering have emerged as winners in NTPC Vidyut Vyapar Nigam’s (NVVN) auction to develop 500 MW/1,000 MWh standalone battery energy storage systems (BESS) with Viability Gap Funding (VGF) support.
NVVN, a subsidiary of NTPC, allocated 250 MW to IndiGrid 2 at a tariff of Rs 236,999 per MW per month. Kintech Synergy received 65 MW at Rs 237,490/MW/month, and H.G. Infra was awarded 185 MW at Rs 238,000/MW/month.
According to the tender guidelines, the BESS capacity must connect to either the 765 kV Bhadla-111 PS in Rajasthan or the 400 kV Banaskantha (Radhanesda) PS (GIS) in Gujarat. The selected BESS developers are responsible for establishing and interconnecting the BESS with the ISTS network and maintaining the transmission system up to the interconnection point.
Previously, in August 2024, NVVN issued a tender for a 7.131 MW grid-connected rooftop solar project across various locations in Bihar and Jharkhand.