A subsidiary of India’s largest power generation company has announced the launch of a massive energy storage tender. NTPC Renewable Energy Limited, a wholly owned subsidiary of government-owned NTPC Limited, recently initiated the process to launch a tender for 9 gigawatt-hours of energy storage capacity. NTPC Renewable Energy Limited houses all renewable energy assets developed […]
A subsidiary of India’s largest power generation company has announced the launch of a massive energy storage tender.
NTPC Renewable Energy Limited, a wholly owned subsidiary of government-owned NTPC Limited, recently initiated the process to launch a tender for 9 gigawatt-hours of energy storage capacity.
NTPC Renewable Energy Limited houses all renewable energy assets developed and owned by the parent NTPC.
As per an initial document shared by the company, the storage project needs to be connected to the national grid. Projects in India may either be connected directly to the national grid infrastructure or the state grid infrastructure.
It is believed that almost all power generation projects owned by NTPC are connected directly to the national grid infrastructure.
With respect to individual project parameters, the tender conditions mandate that developers must set up at least 100 megawatts of capacity with 600 megawatt-hours of storage capacity.
Successful bidders and NTPC REL would enter an energy storage service agreement. The storage project would be charged with power from NTPC’s renewable energy projects and supplied to buyers seeking predictable and stable renewable energy supply.
The project is expected to be a hit among power distribution utilities across India, many of which now prefer stable renewable energy supply to cheap but erratic standalone renewable energy supply.
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