New Delhi: Solar Energy Corporation of India (SECI) has awarded a contract for setting up a 100 MW (AC) solar with 40 MW/120 MWh Battery Energy Storage System (BESS) project to be set up at Rajnandgaon, Chhattisgarh. The project, with one of the largest grid-connected BESS projects in the country, will demonstrate how, by using a large battery storage system like BESS, solar power can be used to provide clean solar energy during evening peak hours. The contract has been awarded to Tata Power Solar Systems Ltd.
The project, supported by the World Bank, SECI’s internal resources & domestic loans, is key to a line of innovative Renewable Energy (RE) projects planned by SECI. This is expected to boost market confidence and catalyze further investments in the sector to enable India to achieve its commitments towards a net-zero economy.
The contract was signed by officials of TATA Power and SECI in the presence of SECI’s Managing Director Suman Sharma as well as directors and senior officials of SECI and World Bank officials.
Speaking on the occasion, Sharma said that this will give a further push to achieving India's climate commitments. We will work together to make renewable energy the mainstay of our energy production, she added.
SECI is a Miniratna PSU under the Ministry of New and Renewable Energy. It is engaged in promoting and developing various renewable energy resources, especially solar and wind energy, RE-based storage systems, floating solar, trading of power, consultancy as well as emerging areas such as green hydrogen, green ammonia, waste to energy, renewable energy-powered electric vehicles, etc.
(PSU Watch- India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)