Tata Power Renewable Energy Limited Wins Battery Energy Storage System Contract from NHPC Limited for Kerala State Electricity Board Limited

Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power Company Ltd, has been selected by NHPC Limited, through an International Bidding process, for setting up a Battery Energy Storage System (BESS) of capacity 30MW/120MWhr. The BESS will be utilized by Kerala State Electricity Board Limited (KSEBL) for optimizing their excess energy. The BESS asset will be established at the Area code Substation of KSEBL located in Mulleria, District Kasaragod, Kerala. TPREL will establish the BESS Asset for a period of 12 years, and NHPC will act as the facilitator between KSEBL and TPREL. The discovered Capacity Charge through the tendering process includes the Variable Gap Funding (VGF) component available under the Central VGF Scheme for BESS.