From pv journal India
GRIDCO (previously Grid Corp. of Odisha), an entity that handles the majority energy procurement of distribution firms, has began accepting bids from power storage system builders to supply 500 MW of power storage capability, linked to India’s central transmission utility or the Odisha state transmission utility, with 5 hours of night peak assist.
The chosen bidder will provide energy to GRIDCO for a interval of 5 years from technology-agnostic power storage methods, ranging from April 1, 2026. The charging energy for the power storage system might be provided by the developer.
The collection of power storage system builders for the full capability of two,500 MWh might be carried out by way of aggressive tariff-based bidding, adopted by an e-reverse public sale course of. The minimal bid measurement might be 250 MWh and the utmost bid measurement might be 1,250 MWh.
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