GUVNL launches 1.6 GWh battery storage tender in India
Beyond the initial tender, GUVNL may offer an additional 800 MWh (400 MW x 2 hours) under the green shoe option to successful bidders, provided they match the lowest discovered price. The projects will be awarded through tariff-based global competitive bidding.
GUVNL will enter into a battery energy storage purchase agreement (BESPA) with the successful bidders for providing an energy storage facility. The minimum bid size is 100 MWh, which is 50 MW x 2 hours and in multiples of 50 MW/100 MWh.
BESS developers selected by GUVNL will set up the BESS on a build-own-operate (BOO) basis to offer a facility to GUVNL to charge and discharge the BESS on an “on-demand” basis. They will make the BESS available for two operational cycles per day, i.e., two complete charge-discharge cycles per day. The BESSD must guarantee a minimum system availability of 95% on an annual basis.
The Indian state of Gujarat is rapidly becoming a global clean energy hub. Earlier this week ESS-news reported that Reliance Industries has committed INR 75,000 crore (almost 9 billion USD) to establish an integrated manufacturing ecosystem for the solar value chain, battery energy storage systems (BESS) and electrolysers at Jamnagar, Gujarat.