Energy Storage News•11 days ago
India: KPI Group, POWERGRID win VGF-supported BESS tenders in Gujarat, Andhra Pradesh
Key Takeaway
India is actively advancing large-scale, VGF-supported battery storage through competitive tenders, creating significant development opportunities and enhancing grid stability for large consumers.
AI Summary
- •KPI Green Energy Ltd and Power Grid Corporation of India secured competitive tenders for large-scale battery energy storage systems (BESS).
- •These BESS projects are located in Gujarat and Andhra Pradesh, signaling regional deployment opportunities within India.
- •The tenders are supported by Viability Gap Funding (VGF), indicating government incentives and policy support for battery storage development.
Topics
financingpolicyppastorage