INR 4.79 Lac Crore Headed For Energy Storage In India By 2032 Updated On Mon, Apr 21st, 2025 by Saurenergy Leading industry body IESA (India Energy Storage Alliance) has projected that India’s energy storage sector is poised to expand fivefold between 2026 and 2032. At the 5th Edition of Gujarat’s Stationary Energy Storage India (SESI) 2025, industry leaders expect INR 479 thousand crore investment in energy storage by 2032 to further boost this growth and […] Read more
What Led to the Surge in REC Purchases by DISCOMs? Updated On Fri, Apr 11th, 2025 by Saurenergy Union Minister of State for New and Renewable Energy Shripad Yesso Naik, in his latest statement before the Parliament, indicated that the Renewable Energy Certificates (RECs) have seen an upsurge. He attributed this surge to the changes in policy, which have made it more favorable for the power distribution companies (discoms) in the state. He […] Read more
Why Co-Locating of Storage And RE Matters Updated On Fri, Apr 11th, 2025 by Saurenergy India has ambitious goals to install 450 GW of renewable energy (RE) capacity by 2030. Even though India has an impressive track record of quickly deploying renewable RE generation assets, the share of RE (excluding large hydro) in total generation continues to be low (13.75 percent) hindering grid decarbonization. The generation-installation gap can be addressed […] Read more
Telangana Discovers BESS Tariff At ₹2.40 Lac/MW/Month Updated On Tue, Mar 25th, 2025 by Saurenergy Telangana has awarded its 500 MWh with a standalone Battery Energy Storage System (BESS) project tender at a tariff in the range of Rs. 2.40-2.45 lakh/MW/month. This is one of the first tenders released by Telangana Genco (TGGENCO) for a 500 MWh (250 MW x 2 hours) project. TGGENCO issued the tender with Viability Gap […] Read more
Tamil Nadu Issues 500 MW/1000MWH BESS Tender With VGF Updated On Mon, Mar 17th, 2025 by Saurenergy Tamil Nadu Generation and Distribution Corporation Limited (TNEGCL) has issued a tender for the development of 500 MW/1000 MWh battery energy storage projects under the Build-Own-Operate (BOO) model. The tender includes six standalone Battery Energy Storage Systems (BESS) of 1000 MWh (500 MW x 2 hours) to facilitate “on-demand” energy storage through tariff-based competitive bidding […] Read more
NTPC Secures Highest VGF Support For CPSU Scheme Updated On Thu, Mar 13th, 2025 by Saurenergy NTPC has emerged as the largest beneficiary of the central government grant under the Central Public Sector Undertaking (CPSU) Scheme Phase-II (Government Producer Scheme). Latest data shared by the government before the Rajya Sabha revealed the levels of allocations given to different CPSUs. The government aids these CPSUs for setting up grid-connected Solar Photovoltaic (PV) […] Read more
NVVN Seeks Developers To Build 1000 MWh BESS Updated On Fri, Feb 28th, 2025 by Saurenergy NVVN, an NTPC subsidiary, has issued a tender for setting up a Battery Energy Storage System (BESS). This project will provide an energy storage facility to NVVN for charging and discharging the BESS on an “on-demand” basis in Rajasthan. The BESS would be developed to the requirements of Rajasthan Urja Vikas (RUVITL/ Buying Entity/ End […] Read more
JSW Energy Wins 125 MW/500 MWh BESS Tender From SECI At ₹441,000/MW/Month Updated On Thu, Feb 27th, 2025 by Saurenergy JSW Energy has recently secured a 125 MW/500 MWh standalone battery energy storage system (BESS) tender from the Solar Energy Corporation of India (SECI). JSW won the tender at ₹441,000/MW/month. SECI floated this tender in December 2024 and declared it within two months. As per the tender, SECI, after receiving interest from the Kerala State […] Read more
NVVN Issues 250 MW/1000 MWh BESS Tender With VGF Support Updated On Tue, Feb 25th, 2025 by Saurenergy NVVN, a wholly owned subsidiary of NTPC Limited, has issued a tender for a 250 MW/1000 MWh standalone Battery Energy Storage System (BESS) with Viability Gap Funding (VGF) support. The tender includes a greenshoe option for an additional capacity of up to 250 MW/1000 MWh. It has set March 24, 2025 NVVN has been nominated […] Read more
