HomeEnergy Storage ›Hardi Hydro Energy Wins SJVN’s Auction to Develop 500 MWh Standalone BESS Project in Haryana

Hardi Hydro Energy Wins SJVN’s Auction to Develop 500 MWh Standalone BESS Project in Haryana

Hardi Hydro Energy has won SJVN’s auction to set up a 250 MW/500 MWh standalone BESS at the Panipat Thermal Power Station in Haryana, securing the project at a tariff of INR 1.97 lakh/ MW/ month.

February 14, 2026. By Mrinmoy Dey

Madhya Pradesh-based Hardi Hydro Energy has emerged as the winner in SJVN’s auction to develop 250 MW/500 MWh of standalone battery energy storage systems at the Panipat Thermal Power Station in Haryana.

The company won the capacity by quoting a tariff of INR 1.97 lakh/MW/month.

The tender for this was floated in December 2025. It mandated a minimum bid capacity of 250 MW/500 MWh.

The project must be located in the vicinity of the 220 kV Substation of the STU network of Haryana Vidyut Prasaran Nigam (HVPNL) at the premises of 1,360 MW Panipat Thermal Power Station, Panipat (PTPS) in Haryana.

The project will be eligible for a viability gap funding (VGF) support of up to 18 lakh/MWh. The projects must be completed within 18 months. Bidders must offer 12 years of comprehensive operation and maintenance.

Land identification and allocation for the project will be under the scope of UHBVNL. Land will be provided on a lease/right-to-use basis to the BESSD through a suitable agreement with UHBVNL, and the same shall be facilitated by SJVN.

The scope of work for Hardi Hydro Energy will include setting up the projects, managing BESS charging and discharging based on demand, developing the transmission network and bay up to the interconnection point, and securing and allocating the required land.

The developer must obtain all necessary approvals and clearances and design the systems for interconnection with the state transmission utility, with the site located near the 220 kV substation of Haryana Vidyut Prasaran Nigam.

The BESS will draw power from UHBVNL for charging and will inject energy back into the UHBVNL network following dispatch instructions from the state load dispatch centre. The systems must be charged using renewable energy.

The BESSD must make the BESS available for two operational cycles per day. The BESSD must guarantee a minimum system availability of 95 percent on a monthly basis.
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