H.G. Infra Engineering Ltd received a Letter of Intent from Gujarat Urja Vikas Nigam Ltd for a 300 MW/600 MWh Battery Energy Storage System (BESS) in Gujarat, awarded under Phase VI of GUVNL’s tender. The INR 670 crore project has a 24-month completion timeline, with a 12-year contract at a tariff of INR 2,85,600 per megawatt.
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