1. GEAPP, IndiGrid, and BRPL are collaborating on a Battery Energy Storage System (BESS) project at a BRPL substation in Delhi to increase the uptake of renewable energy.
2. The project marks the first of 1GW of BESS projects targeted in India by 2026 by the GEAPP’s BESS Consortium.
3. GEAPP is providing concessional financing and technical support for the project, which aims to set a new standard for affordability in the energy sector and serve as a replicable business model for BESS solutions.
The Global Energy Alliance for People and Planet (GEAPP), IndiGrid, and BSES Rajdhani Power Limited (BRPL) are collaborating on a Battery Energy Storage System (BESS) project at a BRPL substation in Delhi. This project will help increase the uptake of variable renewable energy on the grid network, with the capacity tariff being the first of its kind in India for a standalone BESS at the distribution level. The levelised annual tariff is 55% lower than previous benchmarks for BESS offtake in India.
GEAPP, a coalition of governments and organizations, aims to facilitate a just energy transition globally. At the COP28 talks, GEAPP launched the BESS Consortium, with India and other countries pledging to deploy 5GW of energy storage in low- and middle-income countries by 2027. The Kilokari substation project is part of GEAPP’s goal to deploy 1GW of BESS projects in India by 2026.
The Kilokari BESS project is supported by GEAPP with a concessional loan and technical expertise. The project will be owned by a special purpose vehicle formed by IndiGrid and Ampere-hour Energy, with BRPL paying a fixed capacity tariff regardless of consumption. This project could serve as a replicable business model for third-party owned BESS solutions supported by concessional finance in India and beyond. Saurabh Kumar from GEAPP highlighted the project’s impact on the affordability and viability of battery energy storage solutions in the energy sector. India aims to deploy between 49GW and 74GW of energy storage by 2032.