Tenders

Indian battery tender yields $2,800 monthly megawatt price

The procurement exercise in Telangana, backed by central government viability gap funding (VGF), secured 225 MW/450 MWh of a hoped for 250 MW/500 MWh.

By

Uma Gupta

Mar 25, 2025

A 250 MW/500 MWh grid-connected battery energy storage system (BESS) tender in the Indian state of Telangana attracted a bid of INR 240,000 ($2,800) per megawatt of battery capacity per month from domestic company Bondada Engineering.

That lowest bid was for 50 MW/100 MWh of battery capacity. Karnataka-based Pace Digitek secured 125 MW/250 MWh and TrueRE-Oriana Power 50 MW/100 MWh at INR 245,000/MW/month in the under-subscribed tender.

The successful bidders will build, own, and operate the batteries under a 12-year battery energy storage purchase agreement from state utility Telangana Power Generation Corp, which will sell power on to state electricity distribution companies.

The BESS are eligible for VGF, provided by central government to help make infrastructure projects financially viable.

From pv magazine India.

Written by

Uma Gupta
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