Daily News Wrap-Up: JSW Energy Wins SECI’s Battery Energy Storage System Auction
India adds 25 GW capacity in 2024, the highest annual capacity addition in the country’s history
February 27, 2025
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JSW Energy won the Solar Energy Corporation of India’s auction to set up a 125 MW/500 MWh standalone battery energy storage system (BESS) in Kerala. JSW quoted a tariff of ₹441,000 (~$5,057)/MW/month. The tender was floated in December last year. JSW Energy will be eligible for viability gap funding of ₹2.7 million (~$30,963)/MWh or 30% of the project’s capital cost, whichever is lower.