MoP: Tariff Based Competitive Bidding Guidelines for Procurement of Storage Capacity/Stored Energy from PSP

Tariff Based Competitive Bidding Guidelines for Procurement of Storage Capacity/Stored Energy from Pumped Storage Plants

Background

1.1. The National Framework for Promotion of Energy Storage Systems (ESS) 2023 aims at facilitating India's Energy Transition and to enhance the energy security as the country shifts from fossil to non-fossil fuel sources, driven primarily by Renewable Energy (RE).