13 Jan 2023 CW Team
A memorandum of understanding (MoU) has been signed by ONGC Tripura Power Company Limited (OTPC) and Assam Power Distribution Company Limited (APDCL) for the development of a phased battery energy storage system (BESS) project in Assam with a capacity of up to 250 MW/500 MWh. A statement from OTPC stated that the project would be developed by incorporating a joint venture company. OTPC is a joint venture between the Tripura government, India Infrastructure Fund-II, ONGC, and GAIL.
The project will be developed with funds totaling 2,000…