MP’s First Solar Plus Storage Project Attracts Record Low Tariff of INR 2.7/kWh
Madhya Pradesh’s first solar-plus-storage project in Morena has set a new benchmark with a record-low tariff of INR 2.70/kWh, marking the first sub-INR 3/kWh discovery for such projects in India. Ceigall India and ACME Solar have emerged as winners.
September 22, 2025. By Mrinmoy Dey
Ceigall India and ACME Solar have emerged as winners with tariffs of INR 2.7/kWh and INR 2.764/kWh, respectively, for Unit 1 and Unit 2.
The Morena Park comprises two solar plus battery storage units, each will supply 220 MW of power in 3 periods – real-time solar (up to 220 MW), 2 hours during evening peak hours (using solar to charge battery), and 2 hours during morning peak hours (using inexpensive grid power during late night hours to charge battery), shared Manu Srivastava, Additional Secretary of the MP Renewable Energy Department.
“Same level of supply during peak hours as during normal solar hours, whereas all other such projects in the country have had much higher solar capacity compared to the peak hour capacity. This is also the 1st solar plus storage project in the country with assured annual availability of 95 percent peak supply,” stated Srivastava.
The tender, issued by Rewa Ultra Mega Solar (RUMSL), saw global participation with 16 bidders participating, with an over-subscription of around 10 times the bid capacity. “The bidders include reputed players, including Acme Solar, Adani Renewable, AMPIN Energy, Apraava Energy, CEIGALL India, Dilip Buildcon, Engie Energy, Goldi Solar, MB Power, NTPC Renewable Energy, Power Mech, Purvah Green, ReNew Solar, Serentica Renewables, Shivalaya Constructions, and Waaree Forever Energies,” stated Srivastava.
The tender included free BESS charging from 10 pm to 5 am, incentives for using less charging power, a cap on maximum solar export with lower tariffs beyond it, a three-tier payment security system, full land allocation, and state-provided evacuation infrastructure (both internal and external).
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