Power Grid declared successful bidder for 150 MW Battery Energy Storage Project in AP
Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder under Tariff Based Competitive Bidding (TBCB) for a significant project in Andhra Pradesh. The project invol...
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Why is Power Grid Corporation of India Limited in the news today?
Power Grid Corporation of India Limited (POWERGRID) is in the news due to the company has been declared a successful bidder for a new project, indicating business expansion and growth opportunities.
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Power Grid declared successful bidder for 150 MW Battery Energy Storage Project in AP
December 30, 2025, 12:33 PM
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Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder under Tariff Based Competitive Bidding (TBCB) for a significant project in Andhra Pradesh. The project involves establishing a Battery Energy Storage System (BESS) with a cumulative capacity of 2,000 MWh (1,000 MW x 2 hrs.) for 'on demand' usage, supported by Viability Gap Funding through PSDF under the Build-Own-Operate (BOO) model.
Specifically, POWERGRID will develop a 150 MW/300 MWh Battery Energy Storage system at the 400/220kV SS Kalikiri in Chittoor District, Andhra Pradesh. The Letter of Award (LoA) for this project was received by POWERGRID on 29th December 2025.
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