Gujarat Urja Vikas Nigam Limited (GUVNL) has finalized the auction results for 450 MW/900 MWh of standalone Battery Energy Storage Systems (BESS) under its BESS Phase-IX initiative. The auction was won by two bidders, with a closely matched discovered tariff of ₹2.31989–2.31990 lakh/MW/month.
NLC India Renewables emerged as the L1 bidder, securing 275 MW/550 MWh at a tariff of ₹2.31989 lakh/MW/month. Sun Drops Energia, part of the KP Group, secured the remaining 175 MW/350 MWh at ₹2.31990 lakh/MW/month.
GUVNL had issued the Request for Selection (RfS) on June 22, 2026, for developing the standalone BESS capacity in Gujarat. The tender is aimed at strengthening grid flexibility and supporting the integration of increasing renewable energy generation.
The projects will also benefit from financial support under the Viability Gap Funding (VGF) scheme. Selected developers are eligible for funding of ₹18 lakh per MWh. The support is expected to lower capital requirements and improve the commercial viability of large-scale battery storage projects.
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