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  • [ February 22, 2020 ] Attention to Hydro: Need to incentivise private sector participation Finance
  • [ June 15, 2026 ] SECI announces financial results for FY 2025-26 Financings
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Homeviability gap funding

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Projects

POWERGRID floats tender for 150 MW/300 MWh BESS project in Andhra Pradesh

May 15, 2026

Power Grid Corporation of India Limited (POWERGRID) has invited tender for design, supply, erection, testing and commissioning of a 150 MW/300 MWh battery energy storage system (BESS) project at Kalikiri in Andhra Pradesh. The package […]

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Projects

SECI floats tender to finance 200 MW solar project in Madhya Pradesh

April 13, 2026

Solar Energy Corporation of India Limited (SECI) has invited proposals from scheduled commercial banks and financial institutions for sanction of a term loan of up to Rs 6.6 billion. The financing is intended for the […]

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Projects

TGGENCO announces results of 375 MW/1,500 MWh BESS auction

April 1, 2026

Telangana Power Generation Corporation Limited (TGGENCO) has announced the results of its auction for setting up 375 MW/1,500 MWh standalone battery energy storage systems (BESS). Coal India and Sarus Infrastructures both have secured 187.5 MW/750 […]

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Projects

SECI announces results of 125 MW/500 MWh standalone BESS auction 

March 2, 2026

The Solar Energy Corporation of India (SECI) has announced the results of its viability gap funding (VGF) tender to set up six standalone battery energy storage systems (BESS) with a total capacity of 125 MW/500 […]

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Financings

Bondada Engineering secures approval for Rs 5 billion credit facilities from Canara Bank

February 27, 2026

Bondada Engineering has received approval for Rs 5 billion in credit facilities from Canara Bank. The funds will be used to finance the debt portion of its 200 MW/400 MWh standalone battery energy storage system […]

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Projects

SJVN announces result of 250 MW/500 MWh standalone BESS auction

February 17, 2026

SJVN has announced the result of its 250 MW/500 MWh standalone battery energy storage system (BESS) auction. Hardi Hydro Energy emerged as the successful bidder to set up the project at the 1,360 MW Panipat […]

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Projects

GUVNL announces results of 335 MW/670 MWh standalone BESS auction

February 13, 2026

Gujarat Urja Vikas Nigam Limited (GUVNL) has announced the results of its viability gap funding (VGF) tender for 335 MW/670 MWh standalone battery energy storage systems (BESS) (Phase-VIII). The capacities secured by the winners and […]

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Projects

Madhya Pradesh Power Company invites bids for 750 MW/1500 MWh BESS

January 30, 2026

Madhya Pradesh Power Management Company Limited (MPPMCL) has issued a tender to set up 750 MW/1.5 GWh of standalone battery energy storage systems (BESS) under a build, own, and operate framework. The capacity is structured […]

Energy Storage

Growth Phase: Trends in the standalone battery energy storage space

January 16, 2026

By Preeti Wadhwa India’s energy storage market is entering a phase of accelerated growth as the power sector grapples with rising peak demand and the increasing integration of variable renewable energy. Battery energy storage systems […]

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Projects

APTRANSCO announces results of its 1 GW/2 GWh standalone BESS auction

December 2, 2025

The Transmission Corporation of Andhra Pradesh (APTRANSCO) has announced the results of its viability gap funding (VGF) tender for 1,000 MW/2,000 MWh standalone battery energy storage systems (BESS).  The capacities secured by the winners and […]

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Projects

RVUNL announces results of 500 MW/2,000 MWh standalone BESS auction 

November 26, 2025

Rajya Vidyut Utpadan Nigam Limited (RVUNL) has announced the results of its viability gap funding tender for 500 MW/2,000 MWh standalone battery energy storage systems (BESS). The BESS will be set up under a build-own-operate […]

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Projects

RVUNL issues 500 MW/2 GWh BESS tender

August 12, 2025

Rajasthan Rajya Vidyut Utpadam Limited (RVUNL) has invited bids to set up a standalone 500 MW/2 GWh battery energy storage system (BESS) under the viability gap funding (VGF) programme. The project will be set up […]

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Projects

NVVN floats tender for 1,000 MWh BESS project in Rajasthan

March 3, 2025

NTPC Vidyut Vyapar Nigam Limited (NVVN) has invited proposals to develop standalone battery energy storage systems (BESS) with a total storage capacity of 1,000 MWh (500 MW x 2 hours) in Rajasthan. These projects will […]

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Projects

SJVN issues tender for 375 MW BESS project in Uttar Pradesh

February 25, 2025

SJVN Limited has invited bids for setting upof a 375 MW/1,500 MWh standalone battery energy storage system (BESS) in Uttar Pradesh. The project will be developed under the build-own-operate model. The project aims to enhance […]

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Projects

NHPC issues tender for 500 MW/1,000 MWh BESS under VGF scheme in Andhra Pradesh

February 18, 2025

NHPC Limited has issued a tender for the development of standalone battery energy storage systems (BESS) in Andhra Pradesh, with a total storage capacity of 1,000 MWh (500 MW with a two-hour discharge duration). The […]

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Miscellaneous

Key achievements in India’s renewable energy sector: MNRE’s update

February 10, 2025

The Ministry of New and Renewable Energy has provided an update of India’s renewable energy sector in recent press releases. As of January 2025, the country’s non-fossil fuel energy capacity has reached 217.62 GW. The […]

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Projects

SECI invites bids for 125 MW/500 MWh BESS in Kerala

December 27, 2024

The Solar Energy Corporation of India (SECI) has issued a tender to establish a 125 MW/500 MWh standalone battery energy storage system (BESS) in Kerala under the viability gap funding (VGF) mechanism. The project will […]

Projects

Results declared for IREDA’s 5 GW CPSU solar auction

September 24, 2021

The Indian Renewable Energy Development Agency’s (IREDA) auction for 5 GW of grid-connected solar projects (Tranche-III) under the Central Public Sector Undertaking Program (Phase-II) was won by NTPC Limited, SJVN, NHPC, NLC India, and IRCON International. […]

Solar Module Manufacturers in India

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