Global Infrastructure SherpaRajesh Power Projects signs BESPA with GUVNL for 65 MW/130 MWh standalone battery energy storage system project
Rajesh Power Projects signed a battery energy storage purchase agreement (BESPA) with GUVNL for the development of a 65 MW/130 MWh standalone battery energy storage system project in Gujarat.
Counterparts (2)
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- Developer: Rajesh Power Projects
- Offtaker: Gujarat Urja Vikas Nigam Ltd (GUVNL)
- Capacity: 65 MW / 130 MWh
- Location: Gujarat, India
Source Intelligence
The project involves a 65 MW battery system with a storage capacity of 130 MWh, capable of supplying power for up to two hours. The agreement establishes the long-term framework for the development and operation of the battery storage facility and marks Rajesh Power’s formal entry into the utility-scale battery energy storage segment. The project was awarded to the company earlier this year through tariff-based competitive bidding under GUVNL’s Phase VII tender for setting up a standalone BESS, supported by viability gap funding (VGF) through the Power System Development Fund (PSDF).
"Rajesh Power Projects has signed a battery energy storage purchase agreement (BESPA)"
"state-run Gujarat Urja Vikas Nigam Ltd (GUVNL)"
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