City
Epaper

DERC approves Battery Energy Storage System project

By IANS | Updated: May 8, 2024 20:15 IST

New Delhi, May 8 The Delhi Electricity Regulatory Commission (DERC) has granted its approval for setting up of ...

Open in App

New Delhi, May 8 The Delhi Electricity Regulatory Commission (DERC) has granted its approval for setting up of a Battery Energy Storage System (BESS) project supported by the Global Energy Alliance for People and Planet (GEAPP's) concessional loan amounting to 70 per cent of the total project cost and is in partnership with IndiGrid and BSES Rajdhani Power Limited (BRPL).

The approved project, a 20 MW/40 MWh BESS, will be strategically installed at BRPL's 33/11 kV Kilokari substation and is scheduled to be commissioned in 18-20 months from conceptualisation to implementation.

India has emerged as a first-mover country in the BESS Consortium, a multi-stakeholder coalition launched by the GEAPP Leadership Council, which is focused on scaling energy transitions worldwide.

BESS, a key enabler for energy transitions, is crucial for India and other countries to realize their transition goals.

Located at a high demand sub-station, the project will improve the power quality and enable 24/7 reliable power in the area for over 12,000 low-income consumers.

In collaboration with its alliance partners, GEAPP is targeting 1GW of BESS commitments in India by 2026, aligning with India's ambitious goal of deploying 47 GW of BESS by 2032.

"The regulatory approval of the BRPL BESS project marks a significant milestone in our efforts to integrate renewable energy sources into the grid and enhance reliability for our consumers," said a BSES spokesperson.

India's urgent need for BESS integration in the distribution grid is underscored by the country's substantial Variable Renewable Energy (VRE) penetration, which exceeds 12 per cent in certain regions.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalDefence Secretary meets Israeli Defence Minister, signs MoU to boost India-Israel defence ties

International"Trump feels very strongly about India-US relationship": White House

InternationalThird India-Belgium Foreign Office Consultations reviews full spectrum of ties

CricketVirat Kohli turns 37: Deep dive into stunning numbers of India's all-format batting juggernaut

InternationalJaishankar meets Sri Lankan Opposition Leader Sajith Premadasa, discusses ties and regional cooperation

Business Realted Stories

BusinessPaytm reports strong Q2 with 24% revenue growth, PAT of Rs 211 crore, driven by robust business model, AI-led opportunities

BusinessPaytm’s net profit improves to Rs 211 crore in Q2, revenue up 24 pc

BusinessMehli Mistry steps down from Tata Trusts, recalls commitment to Ratan Tata

BusinessIndia-UK Science and Technology Partnership dashboard unveiled

BusinessWhen AI takes over, India will emerge as most influential civilisation: Report