Prostarm sets up SPV for 150 MW/300 MWh BESS project in Karnataka
Prostarm Info Systems Limited has incorporated a wholly owned subsidiary, Prostarm Karnataka BESS Private Limited, as a special purpose vehicle (SPV) to develop a 150 MW/300 MWh standalone battery energy storage system (BESS) at the 400 kV Doni substation in Karnataka. The project will be implemented under the tariff-based competitive bidding route on a build-own-operate basis. The SPV is headquartered in Maharashtra. In August 2025, Prostarm won Karnataka Power Transmission Corporation Limited’s (KPTCL) auction for…