Other6 Mar 2026, 11:24 am
Rajesh Power Services Ltd Subsidiary Signs Battery Energy Storage Purchase Agreement with Gujarat Urja Vikas Nigam Limited for 65 MW / 130 MWh Project
AI Summary
Rajesh Power Projects Private Limited, a wholly-owned subsidiary of Rajesh Power Services Limited, has signed a Battery Energy Storage Purchase Agreement (BESPA) with state-run Gujarat Urja Vikas Nigam Limited (GUVNL) for the development of a 65 MW / 130 MWh standalone Battery Energy Storage System (BESS) project at Virpore in Gujarat. The project is expected to be commissioned within 18 months from the date of signing of the agreement and will operate under a 12-year agreement from the date of commissioning at a contracted tariff of INR 1.89 lakh per MW per month.
Key Highlights
- Rajesh Power Services Ltd subsidiary signs BESPA with GUVNL for 65 MW / 130 MWh BESS project in Gujarat.
- Project to operate under a 12-year agreement from the date of commissioning at a contracted tariff of INR 1.89 lakh per MW per month.
- Project involves a 65 MW battery system with a storage capacity of 130 MWh, capable of supplying power for up to two hours.
- Project expected to be commissioned within 18 months from the date of signing of the agreement.
- Gujarat emerging as a leading state in deploying grid-scale battery storage.