GUVNL allocates 1 GWh battery storage projects to HG Infra Engineering, Solarworld

Share

Gujarat Urja Vikas Nigam Ltd (GUVNL) has allocated 1 GWh of standalone battery energy storage systems (BESS) at an average tariff of $3,321.20 per megawatt of project nominal power per month through its Phase VI tender.

Solarworld Energy Solutions and HG Infra Engineering emerged winners for developing and operating large-scale BESS projects in Gujarat.

Solarworld secured 200 MW/400 MWh at the lowest quoted price of $3,288.31/MW/month, while HG Infra Engineering will deploy the remaining 300 MW/600 MWh at $3,354/MW/month.

Both the winners will set up the BESS on a build-own-operate (BOO) basis in Gujarat, with the primary objective of making the energy storage facility available to GUVNL for charging/discharging of the BESS on an ‘on demand’ basis.

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Popular content

Shakti Pumps raises INR 292 crore to set up 2.2 GW solar cell and module factory
07 July 2025 Shakti Pumps (India) Ltd has raised INR 292.60 crore through a qualified institutions placement (QIP). It will utilize the proceeds to establish a gre...