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1 hour ago

OERC: Petition of GRIDCO v/s TPCODL for approval of TBCB & BESS Agreement for Procurement of 125 MW/500MWh

Petitioner: GRIDCO

Versus

TPCODL & Others

Background: Application under Section 63 & 86(1)(b) of the Electricity Act,2003 read with Section 11 (1)(e) & 21 (4) (b) of the OER Act, 1995 seeking approval of Tariff Based Competitive Bidding Process and Battery Energy Storage Purchase Agreement for Procurement of 125 MW/500 MWh Battery Energy Storage System (BESS) under Tariff Based Competitive Bidding (TBCB) process with Viability Gap Funding (VGF) supported through PSDF.

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