Gujarat Urja Vikas Nigam Limited (GUVNL) has successfully concluded the auction for Standalone Battery Energy Storage Systems (BESS) Phase-VIII in Gujarat, covering a total capacity of 335 MW with 670 MWh of energy storage. The auction marks another important step in strengthening India’s renewable energy ecosystem and supporting a reliable power supply from clean energy sources.
The tender was conducted through a tariff-based competitive bidding process and received strong participation from renewable energy developers. The discovered tariffs ranged between ₹2.1 lakh and ₹2.12 lakh per MW per month, reflecting growing market confidence in battery storage as a solution for managing peak power demand and grid stability.
Advait Energy Transitions emerged as the lowest bidder, quoting a tariff of ₹2.1 lakh per MW per month. Equentia Natural Resources DMCC quoted ₹2.119 lakh per MW per month, while Sun Drop Energia quoted ₹2.12 lakh per MW per month. Three companies were selected under the auction. Advait Energy Transitions secured the largest allocation of 150 MW/300 MWh. Equentia Natural Resources DMCC was awarded 65 MW/130 MWh. Sun Drop Energia had bid for 325 MW but was awarded 120 MW/240 MWh under the bucket-filling method used for allocation.
The tender was issued in December 2025 and focused specifically on standalone battery storage projects. The projects must be located at or near substations of Gujarat Energy Transmission Corporation’s (GETCO) intra-state transmission network. Developers are responsible for identifying and arranging the required land. Interconnection must be at a minimum voltage level of 66 kV, as per GETCO guidelines.
The Battery Energy Storage Purchase Agreement (BESPA) will be valid for 12 years from the date of full commissioning. The scheduled commissioning period is 18 months from the effective date of the BESPA.
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