Gensol Secures Major Battery Storage Project Expansion
POWER & RENEWABLE ENERGY

Gensol Secures Major Battery Storage Project Expansion

Gensol Engineering announced on Wednesday that it has been awarded an additional 250 MW/500 MWh Battery Energy Storage System (BESS) project by Gujarat Urja Vikas Nigam Limited (GUVNL). This latest contract expands Gensol?s total order book in the BESS segment to an impressive Rs 3,100 crore.

Previously, GUVNL had awarded Gensol a project of similar capacity. With the new allocation, Gensol will now be handling a comprehensive 500 MW/1,000 MWh BESS project. According to the company?s exchange filing, this expansion allows the project to deliver 500 MW of battery energy, capable of providing power backup for more than an hour, thus generating a total output of 1,000 MW.

The combined efforts from the initial and subsequent project phases are expected to yield a total revenue of Rs 2,685 crore over a 12-year Battery Energy Storage Purchase Agreement (BESPA) period. This system will supply electricity on an "On-Demand" basis to Gujarat's state distribution companies (Discoms) during both peak and off-peak hours. This initiative aims to extend the availability of renewable energy beyond solar production hours, thereby fulfilling Energy Storage Purchase Obligations and enhancing grid resilience.

Gensol?s strategic move underscores its commitment to advancing renewable energy solutions and supporting grid stability, a critical step towards sustainable energy management in Gujarat and beyond.

Gensol Engineering announced on Wednesday that it has been awarded an additional 250 MW/500 MWh Battery Energy Storage System (BESS) project by Gujarat Urja Vikas Nigam Limited (GUVNL). This latest contract expands Gensol?s total order book in the BESS segment to an impressive Rs 3,100 crore. Previously, GUVNL had awarded Gensol a project of similar capacity. With the new allocation, Gensol will now be handling a comprehensive 500 MW/1,000 MWh BESS project. According to the company?s exchange filing, this expansion allows the project to deliver 500 MW of battery energy, capable of providing power backup for more than an hour, thus generating a total output of 1,000 MW. The combined efforts from the initial and subsequent project phases are expected to yield a total revenue of Rs 2,685 crore over a 12-year Battery Energy Storage Purchase Agreement (BESPA) period. This system will supply electricity on an On-Demand basis to Gujarat's state distribution companies (Discoms) during both peak and off-peak hours. This initiative aims to extend the availability of renewable energy beyond solar production hours, thereby fulfilling Energy Storage Purchase Obligations and enhancing grid resilience. Gensol?s strategic move underscores its commitment to advancing renewable energy solutions and supporting grid stability, a critical step towards sustainable energy management in Gujarat and beyond.

Next Story
Infrastructure Transport

Versova-Dahisar Coastal Road Project to Impact 1,200 Trees

The Versova-Dahisar Coastal Road Project in Mumbai will affect over 1,200 trees, according to the Brihanmumbai Municipal Corporation (BMC). Of these, 990 trees will be replanted, while the remaining will be cut down due to construction requirements. The project, which forms a key extension of the on-going Mumbai Coastal Road corridor, aims to ease traffic congestion in the western suburbs and enhance north-south connectivity along the city’s coastline. The BMC has assured that replantation efforts will be carried out in designated areas to maintain ecological balance and offset the environm..

Next Story
Infrastructure Transport

New Entry-Exit Planned on Vadodara–Mumbai Expressway near Ankleshwar

The Vadodara–Mumbai Expressway is set to get a new entry and exit point near Ankleshwar, aimed at improving regional connectivity and reducing travel time for commuters in south Gujarat. The new interchange, proposed by the National Highways Authority of India (NHAI), will offer smoother access to nearby industrial and residential areas. The project forms part of the Bharatmala Pariyojana initiative, designed to strengthen India’s expressway network and boost economic corridors. Once operational, the new interchange is expected to enhance logistics efficiency by offering improved freight..

Next Story
Infrastructure Transport

PMRDA Launches Rs 5,580 Mn Road Upgrade Plan to Ease Chakan Traffic

The Pune Metropolitan Region Development Authority (PMRDA) has launched Rs 5,580 million road infrastructure upgrade plan to address severe traffic congestion in the Chakan industrial region. The initiative aims to improve connectivity between Pune and major industrial hubs, including Talegaon, Moshi, and Alandi. Under the plan, PMRDA will widen existing roads, construct new link roads, and improve junctions across the Chakan–Talegaon and Moshi-Alandi corridors. These measures are expected to streamline the movement of goods and workers, benefiting the area are automotive and manufacturing ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?