Daily News Wrap-Up: Maharashtra’s Tender for 1 GW Pumped Hydro Storage Capacity
Government issues viability gap funding guidelines for battery storage
March 21, 2024
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The Maharashtra State Electricity Distribution Company has issued a request for selection to procure 1,000 MW of energy storage capacity for 40 years from inter or intra-state connected pumped hydro storage projects on a demand basis. The energy storage projects must have eight hours of discharge capability with a maximum of five hours of continuous discharge. The last day to submit the bids is April 15, 2024. Bids will be opened on the same day.