Ceigall India Wins PSPCL’s Auction to Develop 150 MW Standalone BESS in Punjab
Ceigall India has secured 150 MW standalone battery energy storage capacity from Punjab State Power Corporation across two PSPCL auctions in Punjab, with a combined estimated project value of INR 375 crore.
May 14, 2026. By Mrinmoy Dey
The company has won 100 MW capacity at a tariff of INR 3.44 lakh/MW/month in PSPCL’s auction for setting up of 500 MW/1,000 MWh BESS in Punjab. The estimated cost of the project is INR 250 crore, the company stated in a regulatory filing. The tender for this was floated in January 2026.
Separately, it has won 50 MW capacity at a tariff of INR 2.99/kWh in PSPCL’s auction for setting up of 500 MW/1,000 MWh standalone BESS in Punjab without VGF support. The estimated cost of the project is INR 125 crore. The tender for this was floated in March 2026.
PSPCL will sign battery energy storage purchase agreements (BESPA) with Ceigall India for 12 years.
The projects must be completed within 18 months, and the projects are expected to be operational for 12 years.
The BESS developer must set up a BESS, with the primary objective of making the energy storage facility available to the buying entity/PSPCL for charging/discharging of the BESS, on an 'on demand' basis.
The charging and discharging schedule of the BESS system will be under the scope of PSPCL. The BESS must be charged by drawing power from PSPCL/PSTCL and discharged by injecting power into the PSPCL/PSTCL network.
Land will be provided on a lease/right-to-use basis to the BESSD through a suitable agreement with PSPCL/PSTCL.
The BESSD must make the BESS available for 2 operational cycles per day and must guarantee a minimum system availability of 95 percent on a monthly basis.
The application software of the energy management system (EMS) of the BESS must be developed indigenously within India. The BESSD must ensure that the BESS installed is of requisite quality and complies with best industry practices. The use of refurbished or second-hand battery cells in the project is strictly prohibited.
The noise level of the BESS system must be maintained at less than 80 decibels. Since residential colonies may be developed in the future on the land adjacent to the sites, the BESSD shall install adequate sound barriers to minimise noise emanating from the BESS system, as specified in the tender.
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