TRANSGREENX signs Power Purchase Agreement with BESCOM for 250 MW solar and 1,100 MWh battery storage project in Karnataka

Type: Ppa · Technology: Solar, Storage · Country: India · Capacity: 250 MW · Value: INR 213M · Announced: 2026-06-03

TRANSGREENX entered into a Power Purchase Agreement (PPA) with Bangalore Electricity Supply Company (BESCOM) to develop a 250 MW solar power project paired with a 1,100 MWh Battery Energy Storage System (BESS) in Karnataka's Pavagada Solar Park. Valued at ₹1,775 crore (approximately $210 million), the project represents one of India's largest integrated solar-plus-storage initiatives to date. The solar component will generate clean energy to meet Karnataka's rising electricity demand, while the BESS will provide grid stability by storing excess solar power for dispatch during peak hours. Located in the Pavagada Solar Park—a 13,000-acre renewable energy hub in Tumakuru district—the project is expected to enhance grid reliability and support Karnataka's renewable energy capacity targets. The agreement underscores TRANSGREENX's expansion in India's renewable energy sector and BESCOM's commitment to integrating large-scale storage solutions for grid resilience.

Analysis

TRANSGREENX has signed a Power Purchase Agreement (PPA) with Bangalore Electricity Supply Company (BESCOM) for a 250 MW solar power project paired with a 1,100 MWh Battery Energy Storage System (BESS) in Karnataka's Pavagada Solar Park, valued at ₹1,775 crore (approximately $210 million). The project is located in the Pavagada Solar Park, a 13,000-acre renewable energy hub in Tumakuru district. TRANSGREENX is the developer of the project, while BESCOM is the offtaker. The agreement was announced on 2026-06-03. The project has a capacity of 250 MW and is expected to generate clean energy to meet Karnataka's rising electricity demand.

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