Record Low price achieved at GUVNL’s 250 MW/500 MWh standalone battery storage tender

Gensol Engineering Ltd, a provider of solar power EPC services and electric mobility solutions, has won a 250 MW/500 MWh standalone battery energy storage systems (BESS) project from Gujarat Urja Vikas Nigam Ltd (GUVNL), valued at INR 1,340 crore ($160.5 million). Gensol won the latest tender by quoting INR 3.72 lacs ($4,452) per MW per month, which is 17% lower than the price discovered in the previous auction.
Link:
https://www.pv-magazine-india.com/2024/06/12/gensol-wins-guvnls-250mw-500-mwh-standalone-battery-storage-tender/

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