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Daily News Wrap-Up: Rajasthan Invites Bids for 500 MW/1,000 MWh BESS

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November 8, 2024

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Rajasthan Rajya Vidyut Utpadan Nigam (RRUVNL) has invited bids to set up 500 MW/1,000 MWh standalone Battery Energy Storage Systems (BESS) with a greenshoe option of 500 MW/1000 MWh. The BESS project will be eligible for viability gap funding (VGF) support. The VGF for each developer is capped at ₹2.7 million (~$32,006)/MWh or 30% of the project’s capital cost, whichever is lower. The total capacity will be distributed across RRUVNL’s generation facilities, including the Giral Lignite Power Project in Barmer, Suratgarh Thermal Power Station in Suragarth, and Rajasthan Rajya Vidyut Prasaran Nigam’s substations at Sakatputa, Kota, and Heerapura, Jaipur.

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