Maharashtra awards 2 GW/4 GWh standalone storage auction

The auction cleared capacity at INR 238,000 and INR 240,000 per MW per month, with GK Energy among the other successful bidders. Projects will be distributed across MSEDCL, Maharashtra State Electricity Transmission Company and central transmission substations. MSEDCL will be entitled to call on the storage for at least 6,300 cycles over the contract period, making the procurement a major test of contracted grid-scale flexibility in India.