JSW Energy has bagged a 125 MW/ 500 MWh standalone battery energy storage system (BESS) auction in Kerala. The company has won project from the Solar Energy Corporation of India (SECI) at a tariff of Rs 441,000 per MW per month. The project will be linked to the Mylatti 220 kV substation in Kasaragod. JSW Energy will qualify for viability gap funding of Rs 2.7 million per MWh or 30 per cent of the project’s capital cost, whichever is lower.
The project is required to be commissioned within 15 months of signing the battery energy storage purchase agreement. The project can be implemented in three phases, starting with an initial phase covering 50 per cent of the MWh capacity, followed by up to two additional phases. In order to minimise technological uncertainties, only commercially proven and operational technologies are allowed for implementation.
