POWERGRID Secures Major 2,000 MWh BESS Project in Andhra Pradesh

POWERGRID has been awarded a large Battery Energy Storage System (BESS) project in Andhra Pradesh, marking a significant step in grid-scale energy storage deployment. Key Details Awarded project: 150 MW / 300 MWh BESS Location: 400/220 kV SS Kalikiri, Chittoor District Total cumulative project capacity: 2,000 MWh (1,000 MW × 2 hours) across selected APTRANSCO substations Award mechanism: Tariff Based Competitive Bidding (TBCB) Business model: Build–Own–Operate (BOO) Support: Viability Gap Funding (VGF) Letter of Award received on 29 December 2025 Why this matters Strengthens POWERGRID’s role beyond transmission into grid-scale energy storage Enhances grid stability and renewable integration Supports India’s transition towards flexible and reliable power infrastructure Investor takeaway Large BESS projects improve long-term revenue visibility and position POWERGRID as a key player in next-generation power infrastructure, with execution and regulatory timelines remaining important to monitor.