CHENNAI: The Tamil Nadu Electricity Regulatory Commission (TNERC) has approved the proposal of the Tamil Nadu Green Energy Corporation Limited (TNGECL) to float a tariff-based competitive bidding tender for developing a 1500 MWh Battery Energy Storage System (BESS) across seven substations in the State.

The project, to be executed under a Build-Own-Operate (BOO) model, is part of the Union Ministry of Power’s Viability Gap Funding (VGF) scheme supported by the Power System Development Fund (PSDF).

The Rs 18-lakh-per-MWh VGF-backed scheme will enable TNGECL to select developers through an e-reverse auction process for the installation of 375 MW (4-hour cycle) standalone BESS facilities. These systems will come up at substations in Palladam, Pudukkottai, Thatchankurichi, Tiruvarur, Karama

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