Home › Energy Storage ›HG Infra Secures 250 MW/500 MWh Standalone BESS Project from GUVNL
HG Infra Secures 250 MW/500 MWh Standalone BESS Project from GUVNL
HG Infra Engineering has secured a 250 MW/500 MWh battery energy storage project in Gujarat from Gujarat Urja Vikas Nigam Ltd. (GUVNL) under tariff-based global competitive bidding (Phase-IV) with Viability Gap Funding (VGF) support.
November 30, 2024. By Mrinmoy Dey
HG Infra Engineering Ltd. has announced that the company has secured an order to set up a 250 MW/500 MWh standalone battery energy storage system in Gujarat from Gujarat Urja Vikas Nigam Ltd. (GUVNL).
“H.G. Infra Engineering Ltd. has been declared as a qualified bidder by the Gujarat Urja Vikas Nigam Ltd. for 250 MW/500 MWh out of the project for setting up of 500 MW/1000 MWh standalone battery energy storage systems in Gujarat under tariff-based global competitive bidding (Phase-IV) with Viability Gap Funding (VGF) support,” informed the company in a regulatory filing.
It further added that the order needs to be completed in 18 months.
Established in 2003, HGIEL specialises in EPC turnkey services and the Hybrid Annuity Model (HAM), excelling in civil construction and infrastructure projects. With a robust in-house equipment fleet, a skilled workforce, and a focus on quality, safety, and innovation, HGIEL aims to deliver efficiency and precision.
Operating across 15+ states in India, HGIEL is a prominent player in infrastructure development, executing diverse projects in roads, highways, railways, metro systems, and solar infrastructure.
“H.G. Infra Engineering Ltd. has been declared as a qualified bidder by the Gujarat Urja Vikas Nigam Ltd. for 250 MW/500 MWh out of the project for setting up of 500 MW/1000 MWh standalone battery energy storage systems in Gujarat under tariff-based global competitive bidding (Phase-IV) with Viability Gap Funding (VGF) support,” informed the company in a regulatory filing.
It further added that the order needs to be completed in 18 months.
Established in 2003, HGIEL specialises in EPC turnkey services and the Hybrid Annuity Model (HAM), excelling in civil construction and infrastructure projects. With a robust in-house equipment fleet, a skilled workforce, and a focus on quality, safety, and innovation, HGIEL aims to deliver efficiency and precision.
Operating across 15+ states in India, HGIEL is a prominent player in infrastructure development, executing diverse projects in roads, highways, railways, metro systems, and solar infrastructure.
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