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Daily News Wrap-Up: NTPC Invites Bids for 9 GWh of Energy Storage

GUVNL’s 500 MW Solar Auction

April 21, 2023

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NTPC Renewable Energy has invited bids for interstate transmission system-connected energy storage projects of 9,000 MWh capacity with a minimum of 1,500 MW capacity to be installed anywhere in India. The last date to submit the bids is June 16, 2023. Bids will be opened on the same day. NTPC Renewable Energy intends to use the energy storage facility to meet its renewable round-the-clock/peak power requirements complementing its wind and solar generation. Bidders must submit ₹1.2 million (~$14,599)/MW of the quoted capacity as an earnest money deposit.

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