NLC India Secures 265 MW BESS Project in Haryana

NLC India, (

) through its wholly owned subsidiary NLC India Renewables Ltd (NIRL), has received a Letter of Award from SJVN for a 265 MW/530 MWh standalone Battery Energy Storage System (BESS) project in Haryana. 265 MW / 530 MWh Battery Storage Project The project was awarded through a tariff-based competitive bidding process under the Viability Gap Funding (VGF) scheme. Total Capacity: 265 MW / 530 MWh Project 1: 250 MW / 500 MWh Project 2: 15 MW / 30 MWh Discovered Tariff: ₹2.35 lakh per MW per month Beneficiary: Uttar Haryana Bijli Vitran Nigam Ltd Contract Period: 12 years The project will provide two-hour battery storage capacity. NIRL will make the storage capacity available on an on-demand basis to meet peak and off-peak power requirements. Expands Into Battery Storage The Haryana project marks another step in NLC India's expansion beyond conventional power generation into the energy-storage segment. With a 12-year contract period, the project adds long-term battery storage capacity to NLC India's portfolio while supporting the integration and management of power requirements during different demand periods. The 265 MW/530 MWh project also highlights the increasing role of standalone battery storage in India's evolving power infrastructure. Disclaimer: This content is for educational and informational purposes only and should not be considered investment advice or a recommendation to buy or sell any security. Investors should conduct their own research and consider their risk profile before making any investment decision.