Thursday’s MoU between ONGC Tripura Power Company Limited (OTPC) and Assam Power Distribution Company Limited (APDCL) was to develop a 250 MW battery energy storage system. The project will require an investment of Rs. 2,000 Cr.
Sanil C Namboodiripad, OTPC Managing director, and Rakesh Kumar, APDCL Managing Direct, signed the agreement in the presence of Nandita Gorlosa, Assam Minister for Power, Cooperation, Mines and Minerals, Indigenous & Tribal Faith and Cultural Department, Guwahati.
Namboodiripad stated that the proposed project would help Assam achieve its vision to be a leader in green power transition. Assam has been building significant solar energy capacity, and the battery storage projects are crucial for successful integration of future solar power projects.
Namboodiripad highlighted the benefits of this project by stating that it will improve power availability during peak loads hours, integrate renewable energy generation into the electricity grid and increase grid reliability.
“OTPC is a trusted energy supplier to Assam since 2014. We are eager to partner with them in their transition towards a decarbonized energy mix. Namboodiripad stated that the energy storage project would create multiple employment opportunities, increase local businesses, and improve the utilization of green energy, carbon emissions reduction, and socio-economic growth of Assam.
OTPC is a reliable and strategic energy partner. It plans to play a crucial role in the nation’s clean energy transition by setting up energy storage facilities on a Pan India basis. This will allow for better integration of green power with the existing electric grid.
