Gensol Engineering has emerged victorious in Gujarat Urja Vikas Nigam’s (GUVNL) auction to establish 250 MW/500 MWh standalone battery energy storage systems (BESS) in Gujarat. This project is part of the third phase of GUVNL’s tariff-based global competitive bidding.
Key Details
- Winning Bid: Gensol quoted a record-low tariff of ₹372,978 (~$4,463)/MW/month to secure the entire project capacity .
- Comparison: This tariff is 17% lower than the ₹448,996 (~$5,424)/MW/month quoted by Gensol in the Phase II auction for a similar project .
- Other Bidders: Notable participants who did not qualify include IndiGrid 2, JSW Neo Energy, and several others.
Project Specifications
- Model: The projects will be developed under a build, own, and operate model, aiming to meet the demand of state distribution companies during peak and off-peak hours.
- Timeline: The projects must be completed within 18 months from the effective date of the purchase agreement .
- Capacity: The power rating of the 500 MWh BESS project is 250 MW, with the system’s energy rating of 500 MWh being the dispatchable capacity measured at the metering point.
- Availability: Gensol must guarantee a minimum system availability of 95% annually.
- Infrastructure: Gensol is responsible for maintaining the transmission system up to the interconnection point and bearing the infrastructure construction costs from the project to the interconnection point .
Technological and Operational Requirements
- The tender specified the use of commercially established and operational technologies to minimize risks and ensure compliance with the required codes and standards .
- The BESS will draw power from the Gujarat Energy Transmission Corporation network, with charging and discharging managed under GUVNL’s scope .
This project represents a significant step forward in India's renewable energy storage capabilities, setting new benchmarks for cost-effectiveness and efficiency in the sector.
Comments
Post a Comment