Auctions

Indian state awards 700 MWh in undersubscribed battery tender

Sarala Project Works offered the lowest price, of INR 249,000 ($2,910) per MW of project capacity per month, for a 50 MW/100 MWh site.

By

Uma Gupta

Apr 03, 2025

Indian state-owned utility the Karnataka Power Transmission Corp. Ltd has allocated 350 MW/700 MWh of BESS capacity to three bidders in an under-subscribed 500 MW/1 GWh battery tender.

The tender yielded the lowest price of INR 249,000 ($2,910) per MW of project capacity 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 254,000/MW/month.

The winning developers will implement BESS projects on a build, own, operate basis in the vicinity of selected substations across the state of Karnataka. The projects are eligible for central financial assistance in the form of viability gap funding.

From pv magazine India.

Written by

Uma Gupta
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