Gensol and IndiGrid Win GUVNL’s 500 MWh BESS Auction at Record-Low Tariffs
Gensol quoted the lowest tariff at ₹448,996 /MW/month
March 7, 2024
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Gensol Engineering and IndiGrid 2 (IndiGrid) have won Gujarat Urja Vikas Nigam’s (GUVNL) auction to set up pilot projects of 250 MW/500 MWh standalone battery energy storage systems (BESS) in Gujarat under tariff-based global competitive bidding (Phase-II).