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NTPC Green Energy wins 80MW/320MWh battery energy storage project in Kerala
May-22-2025

NTPC Green Energy (NGEL) has successfully emerged as the winning bidder in the e-reverse auction conducted by NHPC on May 21, 2025. NGEL secured a cumulative capacity of 80MW/320MWh under the competitive bidding process.

The auction was part of NHPC's tender for the Selection of Battery Energy Storage System (BESS) Developers for setting up of 125MW / 500MWh InSTS-connected standalone BESS in the state of Kerala under Tariff-Based Competitive Bidding (TBCB) with Viability Gap Funding (VGF) support.

NGEL has been secured two key projects under the initiative: 40MW/160MWh at Pothencode Substation at a tariff of Rs 4,57,000/MW/month; and 40MW/160MWh at Sreekantapuram Substation at a tariff of Rs 4,34,000/MW/month. Letter of award from NHPC is awaited.

NTPC Green Energy is a wholly owned subsidiary of NTPC, a ‘Maharatna’ central public sector enterprise. The company is mainly engaged in the activity of developing, building, owning, operating and maintaining utility scale grid connected solar and wind power projects (through O&M operations and in-house engineering).


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