Power Grid declared successful bidder for 150 MW Battery Energy Storage Project in AP
Power Grid Corporation of India Limited has been declared the successful bidder for a 150 MW/300 MWh Battery Energy Storage System project in Chittoor District, Andhra Pradesh. The company received the Letter of Award on December 29, 2025, for this project developed under the Build-Own-Operate model.
The project is significant in terms of capacity and strategic importance for energy storage, but it represents one of many projects for a large corporation like Power Grid.
The company has been declared a successful bidder for a new project, indicating business expansion and growth opportunities.
Power Grid Corporation of India Limited (POWERGRID) has been declared the successful bidder under Tariff Based Competitive Bidding (TBCB) for a significant project in Andhra Pradesh. The project involves establishing a Battery Energy Storage System (BESS) with a cumulative capacity of 2,000 MWh (1,000 MW x 2 hrs.) for 'on demand' usage, supported by Viability Gap Funding through PSDF under the Build-Own-Operate (BOO) model.
Specifically, POWERGRID will develop a 150 MW/300 MWh Battery Energy Storage system at the 400/220kV SS Kalikiri in Chittoor District, Andhra Pradesh. The Letter of Award (LoA) for this project was received by POWERGRID on 29th December 2025.
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Power Grid Corporation of India Limited filed this with the NSE as a statutory disclosure, categorised under equity fundraising. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Power Grid Corporation of India Limited. Read the original for the full detail.