+
NVVN Invites Bids for 500 MW BESS in Rajasthan
POWER & RENEWABLE ENERGY

NVVN Invites Bids for 500 MW BESS in Rajasthan

NTPC Vidyut Vyapar Nigam (NVVN) has issued a request for selection to develop a 500 MW/1,000 MWh standalone battery energy storage system (BESS) in Rajasthan under a build-own-operate model. 

Bids are due by March 31, 2025, and will be opened on April 1. Bidders must submit an earnest money deposit of Rs 682,000 per MW, along with a tender document fee of Rs 22,500 and a processing fee of Rs 1.5 million. Successful bidders will need to provide a performance bank guarantee of Rs 1.7 million. 

The selected bidders will qualify for viability gap funding (VGF) for a cumulative BESS capacity of 2,000 MWh, awarded in multiple tranches. VGF support is capped at Rs 2.7 million per MWh or 30% of the project’s capital cost, whichever is lower. 

The project scope includes setting up the BESS, integrating it with the state transmission utility network, and constructing the substation bay. Developers must ensure the BESS is available to NVVN for charging and discharging on demand and obtain all necessary approvals and permits. 

Bidders must demonstrate a minimum net worth of $6.8 million per MW and an annual turnover of Rs 227,000 per MW of the quoted capacity. 

In a related development, NVVN recently sought bids for a 250 MW/1,000 MWh interstate transmission system-connected BESS and awarded Solarium Green Energy a contract to install 6,929 kW of grid-connected rooftop solar projects for central armed forces and government departments in Uttar Pradesh. 
(Mercom)     

NTPC Vidyut Vyapar Nigam (NVVN) has issued a request for selection to develop a 500 MW/1,000 MWh standalone battery energy storage system (BESS) in Rajasthan under a build-own-operate model. Bids are due by March 31, 2025, and will be opened on April 1. Bidders must submit an earnest money deposit of Rs 682,000 per MW, along with a tender document fee of Rs 22,500 and a processing fee of Rs 1.5 million. Successful bidders will need to provide a performance bank guarantee of Rs 1.7 million. The selected bidders will qualify for viability gap funding (VGF) for a cumulative BESS capacity of 2,000 MWh, awarded in multiple tranches. VGF support is capped at Rs 2.7 million per MWh or 30% of the project’s capital cost, whichever is lower. The project scope includes setting up the BESS, integrating it with the state transmission utility network, and constructing the substation bay. Developers must ensure the BESS is available to NVVN for charging and discharging on demand and obtain all necessary approvals and permits. Bidders must demonstrate a minimum net worth of $6.8 million per MW and an annual turnover of Rs 227,000 per MW of the quoted capacity. In a related development, NVVN recently sought bids for a 250 MW/1,000 MWh interstate transmission system-connected BESS and awarded Solarium Green Energy a contract to install 6,929 kW of grid-connected rooftop solar projects for central armed forces and government departments in Uttar Pradesh. (Mercom)     

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Annette Gregg Named WTCA’s First Female CEO

World Trade Centers Association (WTCA) has appointed Annette Gregg as Chief Executive Officer, making her the first woman to lead the organisation in its 57-year history.Gregg assumed the role from October 5 and will lead WTCA from its recently established global headquarters at One World Trade Center in New York City. The association connects more than 300 World Trade Center locations across nearly 100 countries and territories.As CEO, Gregg will provide strategic leadership to WTCA and its global staff, working with the Board of Directors and members to advance business priorities, strengthe..

Next Story
Resources

Isprava Appoints Sanjay Sethi as Strategic Advisor

Isprava Group has appointed Dr Sanjay Sethi as Strategic Advisor to the business, with a focus on Lohono Stays and Isprava Hospitality.Sethi brings more than 37 years of experience across hospitality operations, development, ownership, strategic growth and capital markets. He will work closely with the Group on strategy, growth and the development of its hospitality business.The appointment comes as Isprava Group expands its integrated ecosystem spanning luxury homes, hospitality, private membership and end-to-end homeowner services.Nibhrant Shah, Managing Director & Co-CEO, Isprava Group, sai..

Next Story
Infrastructure Energy

SunBridge BioEnergy Starts Ethanol Production in Seoni

SunBridge BioEnergy, the bioenergy arm of SunBridge Group, has commenced commercial production at its grain-based fuel-grade ethanol manufacturing facility in Seoni, Madhya Pradesh. The Seoni plant has a production capacity of 300 kilolitres per day and a storage capacity of 11,000 kilolitres. Spread across approximately 117,560 sq m, the facility marks SunBridge BioEnergy’s entry into commercial ethanol production. The company is also expanding its ethanol portfolio with a 400 KLD facility in Raipur, Chhattisgarh, which is expected to become operational soon. Once commissioned, SunBridge ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code