Rajesh Power Services Ltd Forays into Battery Energy Storage, Bags 65 MW / 130 MWh BESS Project in Gujarat
Rajesh Power Services Limited (RPSL) has announced that it has received a Letter of Intent (LoI) from Gujarat Urja Vikas Nigam Limited (GUVNL) for a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) project in Gujarat. This marks the company's entry into utility-scale battery storage projects. The project is expected to be executed within 18 months from the date of signing of the Battery Energy Storage Purchase Agreement (BESPA). The battery storage system can supply 65 MW of power for up to two hours, helping utilities manage peak demand, improve grid stability and support the integration of renewable energy. The project forms part of Gujarat’s broader plan to develop 2,000 MW / 4,000 MWh of battery energy storage capacity across the state.
Key Highlights
- Rajesh Power Services Ltd has forayed into battery energy storage with a 65 MW / 130 MWh BESS project in Gujarat.
- The project has been awarded under tariff-based competitive bidding with Viability Gap Funding support through the Power System Development Fund (PSDF).
- The project is expected to be executed within 18 months from the date of signing of the Battery Energy Storage Purchase Agreement (BESPA).
- The battery storage system can supply 65 MW of power for up to two hours, helping utilities manage peak demand, improve grid stability and support the integration of renewable energy.
- The project forms part of Gujarat’s broader plan to develop 2,000 MW / 4,000 MWh of battery energy storage capacity across the state.