IndiGrid launched first project for a battery energy storage system coupled with solar panels.
India Grid Trust (IndiGrid) has recently launched its first battery energy storage system (BESS) project in Maharashtra, coupled with its solar panels at the Dhule substation. The project aims to meet the substation’s auxiliary consumption requirement while reducing emissions, as stated in the company’s release on Wednesday.
This BESS project will act as a test bed to increase IndiGrid’s capabilities to participate in energy transition opportunities in the solar and BESS sector, according to Chief Executive Officer Harsh Shah. As the project’s operation stabilizes, IndiGrid aims to replicate similar systems across its other substations to reduce emissions of their operations.
IndiGrid is India’s first infrastructure investment trust in the power sector, with assets under management of over Rs 22,700 crore (USD 2.7 billion). It currently owns 17 power projects, including 46 transmission lines with more than 8,416 ckms length, 13 substations with 17,550 MVA transformation capacity, and 100 MW (AC) of solar generation capacity.
The project’s launch demonstrates IndiGrid’s commitment to clean energy while expanding its presence in energy transition opportunities in the sector. The investment manager of IndiGrid is wholly owned by KKR.
India Grid Trust, sponsored by KKR & Sterlite Power, is an infrastructure investment trust in the Indian power sector. It was established on 21 October 2016 and registered with SEBI pursuant to the InvIT regulations. Its primary objective is to own power transmission and renewable assets.
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