Rajasthan Completes Auction For 500 MW/2,000 MWh Battery Project
POWER & RENEWABLE ENERGY

Rajasthan Completes Auction For 500 MW/2,000 MWh Battery Project

Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) has successfully completed the auction for a major standalone battery energy storage project, marking a significant step forward for India’s energy-storage sector. The 500 MW/2,000 MWh project, tendered in August 2025, drew strong interest from multiple developers, underscoring the rising demand for large-scale storage to support on-demand electricity needs and balance peak and off-peak power requirements in the state.

The auction was conducted through a tariff-based competitive bidding process. Six bidders participated, including Patanjali Ayurved, which bid for 250 MW/1,000 MWh, while Ultravibrant Solar Energy, Rama Reflection India, MEC Power Solutions, Bhagwati Lacto Vegetarian Exports and Diwakar Renewable & Infra each bid for 50 MW/200 MWh. The lowest tariff discovered was Rs 285,000 per MW per month, reflecting both competitive pricing and strong sectoral interest.

The project will be developed under a Build, Own, Operate model and will receive Viability Gap Funding (VGF) to promote competitive participation. According to the Request for Selection, VGF will be released in three phases: 20 per cent after financial closure, 50 per cent at the Commercial Operation Date and the remaining 30 per cent one year after commissioning. Developers must also furnish a bank guarantee to ensure timely execution and sustained operation. This phased funding structure is designed to support on-schedule delivery and reliable long-term performance of the storage system, which will play a crucial role in grid stability and demand management across Rajasthan.

The initiative reflects India’s continued push to scale up energy-storage capacity alongside its expanding renewable-energy footprint, ensuring more efficient, reliable power delivery in high-demand states.

Rajasthan Rajya Vidyut Utpadan Nigam Limited (RRVUNL) has successfully completed the auction for a major standalone battery energy storage project, marking a significant step forward for India’s energy-storage sector. The 500 MW/2,000 MWh project, tendered in August 2025, drew strong interest from multiple developers, underscoring the rising demand for large-scale storage to support on-demand electricity needs and balance peak and off-peak power requirements in the state. The auction was conducted through a tariff-based competitive bidding process. Six bidders participated, including Patanjali Ayurved, which bid for 250 MW/1,000 MWh, while Ultravibrant Solar Energy, Rama Reflection India, MEC Power Solutions, Bhagwati Lacto Vegetarian Exports and Diwakar Renewable & Infra each bid for 50 MW/200 MWh. The lowest tariff discovered was Rs 285,000 per MW per month, reflecting both competitive pricing and strong sectoral interest. The project will be developed under a Build, Own, Operate model and will receive Viability Gap Funding (VGF) to promote competitive participation. According to the Request for Selection, VGF will be released in three phases: 20 per cent after financial closure, 50 per cent at the Commercial Operation Date and the remaining 30 per cent one year after commissioning. Developers must also furnish a bank guarantee to ensure timely execution and sustained operation. This phased funding structure is designed to support on-schedule delivery and reliable long-term performance of the storage system, which will play a crucial role in grid stability and demand management across Rajasthan. The initiative reflects India’s continued push to scale up energy-storage capacity alongside its expanding renewable-energy footprint, ensuring more efficient, reliable power delivery in high-demand states.

Next Story
Infrastructure Energy

Coal Ministry Simplifies Disposal of Washery Rejects

The Ministry of Coal has recently simplified the process for disposal of coal washery rejects to enhance ease of doing business and ensure faster utilisation, while maintaining environmental safeguards. The move aligns with the government’s Atmanirbhar Bharat vision and ongoing reform agenda in the coal sector. Under the existing policy issued on 27 May 2021, washery rejects were disposed of through a three-tier priority system. The first priority allows their use for energy extraction, in line with Solid Waste Management Rules, 2016, applicable to waste with calorific value above 1,500 kca..

Next Story
Infrastructure Urban

India, Oman Sign CEPA to Boost Trade and Services Ties

India and Oman have recently signed a Comprehensive Economic Partnership Agreement (CEPA), marking a major milestone in India’s strategic engagement with the Gulf region. The agreement was signed in the presence of Narendra Modi and Sultan Haitham bin Tarik, by Piyush Goyal and Qais bin Mohammed Al Yousef. The CEPA provides unprecedented market access for Indian goods, with Oman offering zero-duty access on 98.08 per cent of its tariff lines, covering 99.38 per cent of India’s exports by value. Major labour-intensive sectors such as textiles, leather, footwear, gems and jewellery, enginee..

Next Story
Technology

TTDF Backs 136 Telecom R&D Projects Worth Rs 5.42 Bn

The Telecom Technology Development Fund (TTDF) Scheme has recently approved 136 projects worth Rs 5.42 billion to strengthen indigenous telecom innovation across India, the government informed Parliament. The scheme focuses on bridging the digital divide by enabling development and manufacturing of advanced telecom technologies for rural and remote areas. In a written reply to the Rajya Sabha, Minister of State for Communications and Rural Development Pemmasani Chandra Sekhar said the TTDF Scheme, launched on 1 October 2022, supports IITs, NITs, MSMEs, start-ups and research institutions work..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App