New Launch9 Dec 2025, 02:53 pm
Solarworld Energy Solutions Ltd Signs Battery Energy Storage Purchase Agreement for 200 MW / 400 MWh BESS in Gujarat
AI Summary
Solarworld Energy Solutions Ltd has signed a Battery Energy Storage Purchase Agreement (BESPA) on 08th December 2025 for the development of 200 MW / 400 MWh Battery Energy Storage Systems (BESS) in Gujarat. This agreement pertains to 'On-Demand' usage under Tariff-Based Competitive Bidding - Phase VI, as per the Letter of Intent (LOI) dated 28th May 2025. The order value is approximately INR 806.40 Cr. (Excl. Taxes over 12 years).
Key Highlights
- Solarworld Energy Solutions Ltd signs BESPA for 200 MW / 400 MWh BESS in Gujarat
- Agreement pertains to 'On-Demand' usage under Tariff-Based Competitive Bidding - Phase VI
- Order value is approximately INR 806.40 Cr. (Excl. Taxes over 12 years)
- Project to be executed over a period of 12 years