Successful bid price of large scale battery storage project in India 2026

India''s First Utility-Scale Standalone Battery Energy

NEW DELHI | 8 May, 2025 — The GEAPP Leadership Council (GLC) today officially announced the launch of India''s first utility-scale, standalone Battery Energy Storage System (BESS) project, the largest of its kind in South Asia.

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About Successful bid price of large scale battery storage project in India 2026

The Union Minister for Power and New & Renewable Energy has informed that in the tariff-based competitive bid for installation of 500 MW / 1000 MWh Battery Energy Storage System (BESS) by the Solar Energy Corporation of India (SECI), the capacity charge discovered is Rs. 10.83 lac / MW / month translating into about Rs. 10.18 / kWh.

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3 FAQs about [Successful bid price of large scale battery storage project in India 2026]

How can a Bess project optimize energy storage costs?

It highlights that strategic investments in BESS projects will optimize energy storage costs, enabling distribution companies (DISCOMs) to cap energy costs at ₹4.8 per unit through peak shaving.

How much power will Bess provide in India?

The PLI scheme has allocated 50 GWh capacity, with an additional 5 GWh reserved for niche technologies. “BESS will play a transformative role in India’s energy landscape, ensuring cost-effective power management and improved grid stability,” the report states.

What is the new ceiling for bids in 2024?

In 2024, besides the July response at Rs 3.41, even GUVNL managed to attract bids at Rs 3.72 from Gensol, further establishing the sub Rs 3.75 benchmark, widely considered as the new ceiling for bids now. Yes, most of these bids have come in for l ower duration backup of 4 hours, but even that is set to change sooner than expected now.