NTPC Renewable Energy Ltd (NREL), a subsidiary of state-run power giant NTPC, has requested bids for a 3,000 MW inter-state transmission system (ISTS)-connected energy storage facility at any location in India to supply renewable energy demand around the clock.
According to the bid document, NTPC Renewable Energy plans to use an ISTS-connected energy storage system with a capacity of 3000 MWh and a minimum of 500 MW at any site in India to satisfy its round-the-clock renewable energy need with a wind/solar generating profile under service model.
The capacity will be deployed in a Capex manner through a Global Competitive Bidding Process, according to the paper.
Following the end of the bidding process, NREL will engage into a 25-year energy storage service agreement with the chosen bidders on an annual fixed price basis.
The energy generated by any of NTPC/RE NREL’s projects will be used to charge the Energy Storage Service (ESS) project, and NREL will utilise this energy storage facility on a “On-Demand” basis, appropriate to its needs during peak and off-peak hours, to satisfy its renewable energy needs around the clock.
The project will have a baseline capacity of 600 MWhr and a maximum capacity of 100 MW (min).
Bidders can quote capabilities such as 600 MWh with 100 MW (min) capacity, 1200 MWh with 200 MW (min) capacity, 1800 MWh with 300 MW (min) capacity, 2400 MWh with 400 MW (min) capacity, or 3000 MWh with 500 MW (min) capacity.
Projects that have already been commissioned are not eligible for this RfS. (request for selection). Projects that are under construction or have not yet been commissioned will be considered if they have not been accepted under any other Central or State Schemes, according to the bid document.
Enhancement and expansion of already-commissioned projects, regardless of capacity, will not be deemed qualified projects under this plan, according to the statement.
Furthermore, the assignment’s total completion time has been set at 24 months from the date of the Energy Storage Service (ESS) Agreement’s signature. It further stated that the ESS Agreement must be executed within three months after the issuing of the Letter of Award.