NTPC Invites Bids for 3,000 MWh of Energy Storage Systems

NTPC Renewable Energy, a wholly-owned subsidiary of NTPC Limited, has invited bids from developers to set up interstate transmission system (ISTS)-connected energy storage systems of 3,000 MWh capacity with 500 MW (minimum) capacity anywhere in India.The last date to submit the bids is March 11, 2022. Bids will be opened on the same day.Interested bidders will have to submit ₹1.2 million (~$16,083) per MW as an earnest money deposit.NTPC Renewable Energy intends to avail energy storage facility to meet its round-the-clock (RTC) renewable energy requirement with a wind-solar profile under service model from ISTS-connected energy storage projects with a capacity of 3,000 MWh at any location in India.The minimum project size requirement is 600 MWh with 100 MW (minimum) capacity. The bidders can quote capacities in the following manner:600 MWh with 100 MW (minimum) capacity1,200 MWh…

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