Tamil Nadu Awards 1,400 MWh BESS To Eagle Infra And OPG
ECONOMY & POLICY

Tamil Nadu Awards 1,400 MWh BESS To Eagle Infra And OPG

In a state auction conducted by the Tamil Nadu Green Energy Corporation, two developers were awarded a majority of the capacity in a seven standalone Battery Energy Storage System (BESS) tender that originally targeted 375 megawatts (MW) and 1,500 megawatt?hours (MWh) of storage. The final awarded energy capacity amounted to 1,400 MWh and the MW capacity was split almost evenly between the winners, with each developer securing 175 MW and 700 MWh. Eagle Infra India secured capacity at a tariff of Rs315,000 per MW per month and OPG Power Ventures won an equivalent quantum at a tariff of Rs316,000 per MW per month.

Under the contracts the developers will be responsible for designing, financing, installing and operating the battery energy storage systems and for integrating them with the state transmission network. The facilities will draw power from the grid through TANTRANSCO and TNPDCL and will charge and discharge capacity under instructions from the state load dispatch centre to manage peak demand and grid fluctuations. The projects will operate as standalone BESS assets connected to the transmission system.

The tender imposed strict technical standards requiring the batteries to maintain 95 per cent annual availability and to complete one and a half cycles per day while delivering a minimum round?trip efficiency of 85 per cent. To improve financial viability the government will provide viability gap funding equivalent to Rs one point eight million per MWh. Developers have 18 months to complete the construction and the commissioned systems will operate under a 15?year contract.

The allocation is intended to strengthen grid stability, support renewable energy integration and provide additional flexibility to the state network as variable generation grows. The slightly different tariffs signal market dynamics and the reduction from the tender target of 1,500 MWh to an awarded 1,400 MWh reflects the final procurement outcome. Once operational the BESS assets are expected to help manage peak demand and reduce operational pressure on conventional generators.

In a state auction conducted by the Tamil Nadu Green Energy Corporation, two developers were awarded a majority of the capacity in a seven standalone Battery Energy Storage System (BESS) tender that originally targeted 375 megawatts (MW) and 1,500 megawatt?hours (MWh) of storage. The final awarded energy capacity amounted to 1,400 MWh and the MW capacity was split almost evenly between the winners, with each developer securing 175 MW and 700 MWh. Eagle Infra India secured capacity at a tariff of Rs315,000 per MW per month and OPG Power Ventures won an equivalent quantum at a tariff of Rs316,000 per MW per month. Under the contracts the developers will be responsible for designing, financing, installing and operating the battery energy storage systems and for integrating them with the state transmission network. The facilities will draw power from the grid through TANTRANSCO and TNPDCL and will charge and discharge capacity under instructions from the state load dispatch centre to manage peak demand and grid fluctuations. The projects will operate as standalone BESS assets connected to the transmission system. The tender imposed strict technical standards requiring the batteries to maintain 95 per cent annual availability and to complete one and a half cycles per day while delivering a minimum round?trip efficiency of 85 per cent. To improve financial viability the government will provide viability gap funding equivalent to Rs one point eight million per MWh. Developers have 18 months to complete the construction and the commissioned systems will operate under a 15?year contract. The allocation is intended to strengthen grid stability, support renewable energy integration and provide additional flexibility to the state network as variable generation grows. The slightly different tariffs signal market dynamics and the reduction from the tender target of 1,500 MWh to an awarded 1,400 MWh reflects the final procurement outcome. Once operational the BESS assets are expected to help manage peak demand and reduce operational pressure on conventional generators.

Next Story
Infrastructure Transport

Shivraj Chouhan Launches PMGSY IV and Announces Package for Madhya Pradesh

Union Minister Shivraj Singh Chouhan launched the Pradhan Mantri Gram Sadak Yojana (PMGSY) IV at Bhairunda in Sehore district during the 25 year celebrations and announced a development package for Madhya Pradesh. The programme was organised by the Union Ministry of Rural Development and attended by Chief Minister Dr Mohan Yadav, ministers of state, state ministers, legislators and senior officials from the centre and the state. The minister said the central government under the Prime Minister is committed to strengthening rural livelihoods through improved connectivity, housing and women's in..

Next Story
Infrastructure Urban

DMR Engineering Reports FY 25-26 Financial Results

DMR Engineering reported its half year results for the financial year ended 31 March 2026 and published full year figures on a standalone basis. Standalone revenue from operations decreased by 2.01 per cent year-over-year to Rs 102.58 million (mn), while profit after tax declined by 43.94 per cent to nine point five six mn, leaving a profit after tax margin of nine point zero five per cent. Earnings per share stood at Rs zero point nine two, a fall of 44.71 per cent year-over-year. The company attributed part of the decline to one-off provisioning for bad debts and additional financing charges..

Next Story
Infrastructure Urban

Atlanta Electricals Posts Strong FY26 Growth And Debt Free Finish

Atlanta Electricals reported audited consolidated results for the quarter and year ended 31 March 2026. The company recorded significant year-on-year revenue growth driven by capacity ramp-up at new facilities and higher utilisation at legacy plants. The announcement summarised operating improvements and strategic milestones achieved during the year. For Q4 the company reported revenue of Rs 7.48 bn and for FY26 revenue of Rs 18.52 bn, representing robust growth versus the prior year. EBITDA in Q4 was Rs. 1.49 bn and Rs. 3.44 bn for the full year, with margins expanding to 20 per cent in the q..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->