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NTPC Green Energy wins battery energy storage project in Kerala

Friday, 23 May 2025
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NTPC Green Energy (NGEL) has successfully emerged as the winning bidder in the e-reverse auction conducted by NHPC on 21 May, 2025.

NGEL secured a cumulative capacity of 80MW/320MWh under the competitive bidding process.

The auction was part of NHPC's tender for the selection of battery energy storage system (BESS) developers for setting up of 125MW / 500MWh InSTS-connected standalone BESS in Kerala under tariff-based competitive bidding (TBCB) with viabilitygGap funding (VGF) support.

NGEL has been secured two key projects under the initiative: 40MW/160MWh at Pothencode Substation at a tariff of Rs 4.57 Lakh per MW per month; and 40MW/160MWh at Sreekantapuram Substation at a tariff of Rs 4.34 lakh per MW per month.

Letter of award from NHPC is awaited.
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