CATEGORIES

announce
image text
Image Source : Energyinfra market SolarStorage

NTPC REL gets 500MW hybrid Solar+ BESS Project from SECI Insight

Last Update 12 December 2024

The NTPC REL secures 500 MW solar project from Solar Energy Corporation of India on the tariff rate of Rs 3.52 KWh. The SECI conducted e-reverse auction for development of 2000 MW solar project along with the BESS of 1000MW/4000MWh. The company has develop BESS of 250 MW/1000 MWh along with solar contracted capacity.

Also Read Omnicore+ by Eninrac

Tags

SolarEnergy StorageEinfewsBattery

News Insights

The capacity won by NTPC will help the company achieve its target of 60 GW of renewable energy capacity by 2032. Solar plant integrated with BESS will help address the variable nature of solar energy and ensure reliable supply of power during peak demand for four hours. The tariff discovered is competitive and represents positive response of investors in BESS integrated RE projects which is the need of the country to reduce reliance on fossil generated electricity. The continuous decrease in tariff discovered for RE projects makes these projects economically viable and boosts the installation of such projects aligning with India’s goal of increasing RE installed capacity. This capacity addition will bring opportunity for utilities to procure RE generated electricity at lower cost and also brings opportunity for BESS OEMs and suppliers due to increase in its adoption by RE investors and project developers.

Top Stories

ONGC Signs MoU with PowerGrid for Green Hydrogen Advancements

Sembcorp Touches 6 GW BESS market in India

Compulsory Mandate for BESS in Solar & Wind Power Projects: India

SBI Report said that India should aim at 60 GW for Energy Storage by 2032.

Uttarakhand Aims for 2,500 MW Solar Power Generation by 2027
Trulli

Sponsored by EI Market

Card image

India's Wind Energy Market: Current Landscape, Growth Opportunities, and Future Outlook Till 2030

By Team Eninrac

A detailed study identifying the investment potential of the Indian wind market with a key focus - mapping industry competitiveness, region-wise opportune pockets identification for solar capacity, indexation of state's ease of doing solar policies & regulations, track of upcoming projects, potential assets for M&A. Learn More

Card image

India's Solar Energy Market: Current Landscape, Growth Opportunities, and Future Outlook Till 2030

By Team Eninrac

A detailed study identifying the investment potential of the Indian solar market with a key focus - mapping industry competitiveness, region-wise opportune pockets identification for solar capacity, indexation of state’s ease of doing solar policies & regulations, track of upcoming projects, potential assets for M&A Learn More

Card image

Eninrac's Regulation & Policy Compendium Streamlines Open Access Electricity Procurement for Indian Consumers

By Team Eninrac

Eninrac Consulting introduces state-wise tracking for open access transactions, with new efficient regulations and charges. Learn More

Search

Archive

2023

SJVN and Rajasthan Govt. sign MoU for 7 GW Floating Solar and Pumped Storage

BIS Unveils New Standards to Boost Electric Vehicle Safety and Quality

Coal Production from captive & commercial coal mines escaleted by 35% in Apr-Jun

Eco Stor Plans 300MW/716MWh Battery Storage in Germany

MG Motors and LOHUM have signed pact for EV battery reuse life cycle management
Advertisement
Trulli

Categories

Foreign InvestmentBudgetCompany's update Conventional EnergyCoalOil and GasE-Waste ManagementFinancialGlobalGovernment/Nodal Bodies UpdateInnovationInvestmentLithiumMarket DevelopmentsNew EnergiesBatteryElectric vehicleEV Charging StationHydrogenNew Project UpdatePartnership and DealPower SectorDistributionGenerationNuclear PowerPeak DemandPower Purchase AgreementSmart MeterTransmissionProject Status UpdateRenewables EnergyBiomassEnergy StorageGreen EnergyGrid-connected solarHydropowerOpen AccessPolicy and Regulatory UpdatePumped Hydro StorageRooftop SolarSolar CellSolar energySolar ModuleSolar PanelTender UpdateUtility ScaleTariffTechnologyWind energy

Newsletter

Get started with
EI Market personalised demo

Complete the form to get in touch with our sales team to see our Visionboard platform in action. We'll show you how you can use eninrac to build a culture of action of consistently hunting down and eliminating poor market research expriences across your companies line of business

power by why
REQUEST DEMO
By providing this information, you grant consent that we may process your personal data in accordance with our Privacy Statement.
By submitting this form, you grant consent to receive marketing information from eninrac as set out in our Terms of Service & Privacy Statement. You may unsubscribe at any time.