Kintech Synergy, H.G Infra Engineering, Bhilwara Energy (LNJ Bhilwara Group) and Advait Infratech have won Gujarat Urja Vikas Nigam’s Phase IV standalone Battery Energy Storage Systems auction. The project was awarded following the introduction of Viability Gap Funding support and an increase in capacity to 500 MW/1000 MWh. The initial tender was issued for 400 MW/800 MWh with a greenshoe option of 400 MW/800 MWh. It was amended in October 2024.