Global Infrastructure SherpaNTPC Vidyut Vyapar Nigam Limited seeks UPERC approval for tariffs from competitive bidding process for 250MW battery storage project in Jhansi
NTPC Vidyut Vyapar Nigam Limited has sought approval from the Uttar Pradesh Electricity Regulatory Commission for tariffs from a competitive bidding process for a 250MW battery storage project in Jhansi. The project aims to enhance grid reliability under the Viability Gap Funding scheme and will feature competitive tariffs discovered through an e-reverse auction.
Counterparts (2)
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- 250MW battery storage capacity
- NTPC Vidyut Vyapar Nigam Limited (NVVN), a wholly-owned subsidiary of India's largest power generator, is the developer
- Tariffs discovered via e-reverse auction
- Project supported by Viability Gap Funding scheme
Source Intelligence
The project is a 250MW/1000MWh standalone Battery Energy Storage System (BESS). It is being implemented under the central government’s Viability Gap Funding (VGF) scheme. The tariffs were discovered through a transparent e-reverse auction. NVVN proposed a flat trading margin of 7 paise per kWh without any additional GST. The petition number is 2295 of 2025.
"NTPC Vidyut Vyapar Nigam Limited (NVVN), a subsidiary of NTPC Limited, has approached the Uttar Pradesh Electricity Regulatory Commission (UPERC) seeking formal approval for tariffs discovered through a competitive bidding process for a large-scale battery storage project in the state."
"The petition, numbered 2295 of 2025, relates to a contractual arrangement between NVVN and U.P. Power Corporation Ltd. (UPPCL) for the development of a 250MW/1000MWh standalone Battery Energy Storage System (BESS)."
"Sunsure Energy Private Limited secured a capacity allocation of 125MW with a discovered tariff of ₹6.64 per kWh."
"Meanwhile, Enerica Infra 3 Private Limited was awarded the remaining 125MW at a tariff of ₹6.65 per kWh."
Timeline
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