GRIDCO has begun accepting bids to rearrange 500 MW/2,500 MWh of energy storage methods linked to the Indian grid. Bidding closes on April 23.

GRIDCO (beforehand Grid Corp. of Odisha), an entity that handles the bulk vitality procurement of distribution corporations, has begun accepting bids from energy storage system builders to supply 500 MW of energy storage functionality, linked to India’s central transmission utility or the Odisha state transmission utility, with 5 hours of night time peak assist.

The chosen bidder will present vitality to GRIDCO for five years from technology-agnostic energy storage methods, ranging from April 1, 2026. The charging vitality for the ability storage system shall be offered by the developer.

The gathering of energy storage system builders for the complete functionality of two,500 MWh shall be carried out by aggressive tariff-based bidding, adopted by an e-reverse public sale course. The minimal bid dimension shall be 250 MWh and the utmost bid dimension shall be 1,250 MWh.