Subsidiary Receives Letter of Award for 265 MW/530 MWh Battery Storage Project in Haryana

NLC India Renewables Limited (NIRL) emerged as successful bidder in SJVN Limited's tender for a 265 MW/530 MWh standalone Battery Energy Storage System in Haryana, under the Viability Gap Funding scheme via tariff-based competitive bidding.

Wed 30 Sep 2026

Project Capacity

265 MW/530 MWh

Capacity Charge

INR 2,35,000 per MW per month

Project Location

Haryana

Funding Scheme

Viability Gap Funding scheme via tariff-based competitive bidding

Awarding Entity

SJVN Limited

What was announced

NLC India informed the exchanges that its arm, NLC India Renewables Limited (NIRL), participated in a tender floated by SJVN Limited for setting up standalone Battery Energy Storage Systems (BESS) in Haryana under the Viability Gap Funding (VGF) scheme, through tariff-based competitive bidding.

NIRL emerged as the successful bidder for a capacity of 265 MW/530 MWh at a final capacity charge of INR 2,35,000 per MW per month. The Letter of Award for the project has been received from SJVN Limited.

Understanding the terms

• A BESS stores electricity and releases it when the grid needs it; 265 MW is the power rating and 530 MWh the energy the system can store.
• Viability Gap Funding is government support that helps bridge the cost gap in such projects.
• A capacity charge is the fixed monthly payment for making the capacity available, here quoted per MW per month.
• A Letter of Award is formal confirmation that the bidder has been selected to develop the project.

What it can mean

The award adds to the group's presence in energy storage, an area adjacent to its renewable generation business. Project execution timelines and commissioning details would shape when the capacity charges begin to flow.

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