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GRIDCO will perform a tender-based aggressive bidding (TBCB) course of, to be adopted by a web-based reverse public sale in Could, then coming into into power storage buy settlement (ESPA) contracts with profitable builders.
Battery power storage system (BESS) sources should come on-line by the start of April 2026 and will likely be required to supply their capability till the tip of March 2031. Extensions to these contracts are doable, GRIDCO mentioned.
Bids should be for tasks with minimal 50MW output and 250MWh capability, and no bigger than 250MW/1,250MWh per venture. Initiatives already in development or awaiting commissioning may also be eligible along with new-builds, supplied they’ll meet the 5-hour length requirement.
The state authorities of Odisha, on India’s jap coast on the Bay of Bengal owns the ability firm. It’s answerable for the majority buy and transmission of energy to Odisha’s 4 energy distribution firms (DISCOMs). It utilises the state transmission system operator (TSO) Odisha Energy Transmission Company’s grid community.
Aligned with India’s nationwide renewable power goal of 500MW of non-fossil gas sources on the grid by 2030 – equal to round 43% of the electrical energy combine – GRIDCO is incorporating increasingly more variable renewable power (VRE) sources into its personal portfolio.
Integrating that renewable power capability would require flexibility sources and BESS is – together with pumped hydro power storage – thought of probably the most cost-effective and technically succesful useful resource for doing that.
The Ministry of Energy of India has additionally mandated an Vitality Storage Obligation for GRIDCO and different bulk energy entities’ portfolios to comprise 4% power storage by 2029-2030.
Odisha seeks BESS and pumped hydro in complementary roles
A number of days previous to the BESS tender’s launch (11 March), GRIDCO opened a solicitation looking for consultants to help the state in creating pumped hydro power storage (PHES) sources for the state.
These sources could be on a a lot bigger scale, doubtlessly within the gigawatt-hour vary, and would supply longer length power storage capabilities than the battery storage programs it’s tendering for. A pre-bid assembly was held 18 March and the date for final submissions of bids is subsequent week on 3 April.
Printed final September, India’s Nationwide Electrical energy Plan, based mostly on modelling by the Central Electrical energy Authority (CEA), estimated a necessity for about 19GW/128GWh of pumped hydro and 42GW/208GWh of BESS to make up a total 61GW/336GWh of energy storage deployments by 2029-2030.
Tenders will likely be an necessary method to allow that capability to be procured and deployed, as highlighted by current evaluation from the Institute for Vitality Economics and Monetary Evaluation (IEEFA) and JMK Analysis. A report produced by the pair described power storage because the possible “most important disrupter” of India’s energy sector throughout this decade.
It famous that by November of final yr, greater than 8GW of tenders had already been issued by national and state government authorities, 56% of which have been for PHES capability.
In the meantime, a 4GWh tender course of supported by the Union Authorities via viability hole funding (VGF), looking for to bridge the hole between out there service provider revenues and the necessity for storage, obtained underway just lately with the Solar Energy Corporation of India (SECI) launching its first tranche of solicitations.
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