Gensol Wins Big! Bags Rs 1,340 Crore Contract in Epic Battery Storage Project Bid

Gensol Engineering has secured a major contract to deliver a 250 MW (500 MWh) battery energy storage system (BESS) project for Gujarat Urja Vikas Nigam (GUVNL). The project, valued at Rs 1,340 crore, aims to provide electricity on an 'on-demand' basis to Gujarat's distribution companies (DISCOMs) during peak and off-peak hours, effectively extending the availability of renewable energy beyond solar hours.

The awarded project will supply 250 MW/500 MWh of energy through two charge/discharge cycles each day. This initiative is expected to significantly contribute to fulfilling energy storage purchase obligations and enhancing grid resilience, crucial for managing the state's energy demands efficiently.

Gensol Engineering's successful bid marks a significant milestone in its efforts to expand its footprint in the renewable energy sector. The BESS project is poised to play a pivotal role in ensuring a stable and reliable power supply, leveraging cutting-edge energy storage technology to support Gujarat's energy infrastructure.

With this contract, Gensol Engineering demonstrates its capability to undertake large-scale energy storage projects, reinforcing its position as a key player in India's renewable energy landscape. The project underscores the growing importance of BESS in integrating renewable energy sources and stabilizing the grid.

The collaboration between Gensol Engineering and GUVNL highlights the ongoing transition towards sustainable energy solutions in India. As the country moves towards a greener future, projects like these are essential for meeting energy storage needs and promoting the adoption of renewable energy technologies.

News by Rahul Yelligetti