MSEDCL Awards 2 GW/4 GWh BESS Capacity to Multiple Developers

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Maharashtra State Electricity Distribution Company Limited (MSEDCL) has finalised the winners of its 2,000 MW/4,000 MWh BESS auction, with tariffs ranging from ₹2.38 lakh to ₹2.40 lakh/MW/month

Key allocations include:

  • Oriana Power: 900 MW
  • BSL Engineering Service: 300 MW
  • ArMee Infotech: 250 MW
  • GK Energy: 150 MW
  • Stockwell Solar Services: 150 MW
  • Claro Energy: 100 MW
  • Jailaxmi Sugar Products: 50 MW
  • Aditya Green Energy: 40 MW
  • Kotecha Sales, Rudraksha Power & Gurutara Green Energy: 20 MW each

The projects will operate under 15-year Battery Energy Storage Purchase Agreements (BESPAs) and are eligible for Viability Gap Funding of up to ₹18 lakh/MW. Developers must maintain at least 95% annual system availability and 85% monthly AC-to-AC round-trip efficiency

For GK Energy, the 150 MW/300 MWh award marks its entry into the BESS segment.