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India’s Avaada Group to invest $4.3 billion in renewables, BESS projects Avaada Group has signed a Memorandum of Understanding with the Government of Gujarat to establish 5 GW of solar power projects, 1 GW wind power project and 5 GWh of battery energy storage system projects with a total investment of INR 36,000 crore ($4.3 billion).
Uma Gupta
Oct 09, 2025
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India’s HG Infra Engineering sets up battery storage arm The Jaipur-based construction company made the move after securing the right to develop 250 MW/500 MWh of battery energy storage system (BESS) capacity in Gujarat.
Uma Gupta
Feb 06, 2025
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Gensol secures additional 250 MW/500 MWh in GUVNL’s battery storage project In India, Gensol Engineering Ltd has secured the full 500 MW/1,000 MWh capacity of the standalone battery energy storage project from Gujarat Urja Vikas Nigam Ltd (GUNVL) with an additional allotment of 250 MW (500 MWh) under a greenshoe option.
Uma Gupta
Jun 20, 2024
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GUVNL launches 1.6 GWh battery storage tender in India Gujarat Urja Vikas Nigam Ltd (GUVNL)—the state electricity regulation owned by the state government of Gujarat—is accepting bids to set up standalone battery energy storage systems (BESS) connected with the state grid with an aggregate storage capacity of 800 MWh (400 MW x 2 hours).
Uma Gupta
Sep 04, 2024
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Another new Indian BESS factory: Solex Energy to set up 5 GW solar and 10 GW battery plant at $420 million cost Solex Energy has signed a memorandum of understanding (MoU) with the Government of Gujarat to set up a 5 GW solar cell manufacturing facility and a 10 GW battery energy storage system (BESS) factory in the state, with a total planned investment of more than $420 million.
Uma Gupta
May 05, 2026
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India powers up one of its largest standalone battery energy storage system Developed jointly by IndiGrid and EnerGrid, with Gujarat Urja Vikas Nigam Ltd (GUVNL) as the off-taker, the 180 MW/360 MWh project is among India’s largest standalone utility-scale BESS installations at a single location.
Uma Gupta
May 12, 2026
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India’s 4 GWh standalone battery storage tender yields tariffs of $2,220 – $2,268/MW/month The selected developers will set up battery energy storage projects in Gujarat, connected to the intrastate transmission system, on a build–own–operate basis. They will make the storage capacity available to Gujarat Urja Vikas Nigam Ltd for charging and discharging on an “on-demand” basis.
Uma Gupta
Nov 18, 2025
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Engie India eyes 7 GW of hybrid and storage-backed renewables by 2030 Hybrid integration, digital optimization, and rising corporate demand are defining India’s next renewable phase, says Engie India’s Shantanu Upasani.
Uma Gupta
Oct 23, 2025
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Falling storage costs highlighted as India clears 600 MWh project for $75 million India advances its storage build-out with a 300 MW project in the state of Gujarat.
Tristan Rayner, Uma Gupta
Dec 02, 2025
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