NTPC invites bids to set up 3GW energy storage facility in India
State-run power giant NTPC’s arm, NTPC Renewable Energy Ltd (NREL), has invited bids for selection of developers for inter-state transmission system (ISTS)-connected energy storage facility of 3,000 MW capacity at any location in India to meet round-the-clock requirement of renewable energy.
NTPC Renewable Energy intends to avail energy storage facility to meet its round-the-clock renewable energy requirement with a wind/solar generation profile under service model through an ISTS-connected energy storage solutions with capacity of 3000 MWh with 500 MW (minimum) at any location in India, as per the bid document.
As per the document, the capacity shall be installed under a Capex mode through Global Competitive Bidding Process (conducted online followed by reverse auction).
