Solarworld Energy Solutions, Oriana Power, Rays Power Experts, and JSW Neo Energy (JSW Energy) won Rajasthan Rajya Vidyut Utpadan Nigam’s auction to set up 500 MW/1,000 MWh standalone Battery Energy Storage Systems (BESS). The projects will be eligible for Viability Gap Funding (VGF) of ₹2.7 million (~$31,226)/MWh or 30% of the project’s capital cost for each developer. The VGF for the greenshoe capacity will be discussed with the developers in the next stage.