Advait Energy Transitions Receives LoI from GUVNL for 150 MW/300 MWh BESS Projects in Gujarat
Advait Energy Transitions has secured an LoI from Gujarat Urja Vikas Nigam for 150 MW/300 MWh BESS projects in Gujarat at a tariff of INR 2.10 lakh/MW/month.
April 01, 2026. By Mrinmoy Dey
The company secured the capacity in GUVNL’s auction held in February 2026 for setting up 335 MW/670 MWh in Gujarat. Advait emerged as the L1 bidder and won 150 MW at a tariff of INR 2.10 lakh/MW/month.
The projects will be eligible for viability gap funding (VGF) support at 18 lakh/MWh and the projects must be completed within 18 months from the date of battery energy storage purchase agreement (BESPA), the company stated in a regulatory filing.
The tender for this was floated in December 2025.
The BESSD must set up a BESS, with the primary objective of making the energy storage facility available to GUVNL for charging/discharging of the BESS, on an 'on demand' basis. Setting up the BESS and interconnection of the BESS with the State Transmission Network will be under the scope of the BESSD.
GUVNL will provide the required power for charging the BESS. The BESSD must take a separate, metered connection for the Auxiliary Power load of the BESS. Alternatively, the BESSD can draw auxiliary power from the interconnection point.
The BESSD shall make the BESS available for 2 operational cycles per day, i.e. 2 complete charge-discharge cycles per day. The BESSD must guarantee a minimum system availability of 95 percent on an annual basis.
The BESSD must ensure that the BESS can charge and discharge with a C-rate of 0.5. Additionally, the BESS must be capable of being charged or discharged in groups ranging from 50 MW/100 MWh to 100 MW/200 MWh, up to the total rated capacity specified in the agreement.
The applicable software for the Energy Management System (EMS) of the BESS project capacity must be developed indigenously within India.
BESSD must ensure a minimum local content of 20 percent of the total project cost in BESS procurements under the VGF Scheme. This minimum local content requirement shall include the indigenously developed EMS application software.
Advait Greenergy (AGPL), a subsidiary of Advait Energy Transitions, plans to launch a multi-gigawatt BESS manufacturing facility by November 2026. AGPL has signed an MoU with Wuhan Huagong International Development Co., Ltd (HGTECH) for the design, manufacture, supply, shipment, installation, commissioning, and acceptance of a 2.5 GWh BESS manufacturing line.
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