Punjab to Install 1 GWh Standalone BESS Projects for Peak Load Management
Punjab is set to install standalone Battery Energy Storage Systems (BESS) with a total capacity of 1 GWh to enhance peak load management and facilitate the integration of renewable energy sources. The projects will be structured into smaller configurations, with specific requirements for bidders including experience in energy projects and compliance with standards. The implementation is expected to occur in phases over 18 to 24 months, employing various funding models such as CAPEX for DISCOM ownership or OPEX based on service agreements.
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Punjab plans to install standalone Battery Energy Storage Systems (BESS) with a total capacity of 1 GWh, potentially divided into smaller projects such as ten 100 MWh configurations. The projects aim to manage peak load and smooth integration of renewable energy sources like solar and wind.
Key criteria include minimum cycle life, efficiency, response time, grid connectivity, and compliance with CEA/IEEE standards. Bidders may need prior experience in BESS or energy projects, and joint ventures could be permitted.
The funding model may include CAPEX for DISCOM ownership or OPEX based on a service model with payments per kWh delivered. Energy Storage Purchase Agreements (ESPA) may also be involved, with project completion anticipated in phases over 18 to 24 months.
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