SUBSCRIBE NEWS LETTER

viability gap funding

Telangana Joins BESS Space With 250 MW/500 MWh Tender

Telangana Genco’s (TGGENCO) latest tender seeks to select BESS developers to build 500 MWh (250 MW x 2 hours). The tender invites bids from BESS developers to establish an “on-demand” battery storage system under Tariff-based Global Competitive Bidding with Viability Gap Funding (VGF) in Telangana. TGGENCO is accepting bids until February 21, 2025. With the […]

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NHPC Issues Tranche-I 125 MW/500 MWh BESS Tender In Kerala

NHPC has released a tender to build a battery energy storage system (BESS) to select developers for setting up 125 MW / 500 MWh (InSTS) connected standalone BESS (NHPC-Tranche-I-BESS). The project would be located in Kerala with viability gap funding (VGF) support (2024-25). NHPC has sought bids until February 21, 2025. The NHPC tender explained, […]

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Top 5 Trends Shaping the Global Wind Power Industry in 2025

The year 2025 is expected to witness the record growth of renewable energy following the uptick in wind power market from the preceding year. Going by the trends in motion, the global wind energy capacity addition is set to double and reach over 700 GW by as early as 2028, compared to 2022 levels. New […]

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Offshore Wind’s 2024 in India- Building Blocks Falling Into Place

India’s offshore wind ambitions made slow but steady progress in 2024, egged on by multiple European partners pushing the country to try this ‘last frontier’ of renewable energy. For a country heading towards 100 GW of solar, and 50 GW of onshore wind, Offshore wind energy has been a distant dream, primarily because of cost […]

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SECI Floats 125 MW/500 MWh BESS Tender in Kerala With VGF

The Solar Energy Corporation of India (SECI) recently released a tender to set up a 125 MW/500 MWh standalone Battery Energy Storage System (BESS) in Kerala with Viability Gap Funding (VGF) support. The last date for bid submission is set as February 6, 2025. This marks the 22nd standalone BESS tender in India. This is […]

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SECI Seeks Proposal To Finance 300 MW Solar Project In Andhra

The Solar Energy Corporation of India (SECI) has now sought proposals from banks and financial institutions. The government entity plans to use this financing to fund its upcoming 300 MW solar project at Ramagiri in Andhra Pradesh. The Central Public Sector Enterprise (CPSE) has planned to procure a Rs 1000 crore term loan for this. […]

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RRUVNL Revises Its Tender For 500 MW Standalone BESS

The Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) has revised the tender document for its proposed Battery Energy Storage System (BESS) project. Initially, RRVUNL had issued a tender inviting developers to establish a 500 MW standalone BESS. The firm has now released a separate corrigendum for the tender. The revised tender documents address the bidders’ […]

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GUVNL’s 400 MW/800 MWh BESS Project Awarded At Rs 2.26/KW

Gujarat Urja Vikas Nigam Limited (GUVNL) has announced Kintech Synergy Private Limited, H.G. Infra Engineering, Bhilwara Energy, and Advait Infratech as successful bidders for its 400 MW/800 MWh Battery Energy Storage System (BESS) project (Phase IV). The tender for the project was released in September 2024, with results declared within two months. The Gujarat-based discom […]

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