Gensol Engineering Limited has bagged 250 MW/ 500 MWh standalone battery energy storage system (BESS) tender, Phase III, worth Rs 13.4 billion. Awarded by Gujarat Urja Vikas Nigam Limited (GUVNL), the project will be developed by Gensol on the basis of build, own, and operate model. The project will supply 250 MW/500 MWh energy for two charging and discharging cycles each day. The tender was issued in March 2024.
In order to meet the needs of the state distribution companies during peak and off-peak hours, GUVNL aims to use energy storage systems on-demand basis. Gensol will be responsible for maintaining the transmission system till the interconnection point. The company will cover all of the costs associated with building the infrastructure from the project up to the interconnection point. It is required to ensure at least 95 per cent system availability per year. The projects must be commissioned within 18 months from the effective date of the purchase agreement. In order to minimise technological uncertainties and, only commercially proven and operational technologies are allowed for implementation.