Energy storage systems (ESS) are vital for deepening renewable energy integration and enhancing grid stability. This month, a bid of Rs 44.7 lakh per megawatt (MW) per year was discovered for battery energy storage systems (BESS) under the Gujarat Urja Vikas Nigam Ltd’s (GUVNL) Tranche III bid. This marks a 66% reduction from the bid that won the Solar Energy Corporation of India’s (SECI)…

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