Madhya Pradesh Invites Bids for 1.13 GWh Battery Energy Storage Systems
The last date to submit bids is June 9, 2026
May 25, 2026
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The M.P. Power Management Company (MPPMCL) has invited bids for the supply of energy from 282.50 MW/1,130 MWh (282.50 MW X 4 hours) battery energy storage systems in India, with Viability Gap Funding Support (VGF) under the build, own, operate model.
The last date to submit bids online is June 9, 2026. Bids will be opened on June 11.
Bidders must submit ₹480,000 (~$5,016)/MW as the earnest money deposit.
Successful bidders must furnish a performance bank guarantee of ₹2.4 million (~$25,079)/MW for the quoted capacity.
The VGF support has been earmarked for a cumulative battery storage capacity of 282.50 MW/1130 MWh at ₹1.2 million (~$12,539.4)/MWh, or 30% of the project’s capital cost, whichever is lower.
The project must be completed within 12 months of the signing of the battery energy storage purchase agreement (BESPA).
Bidders should submit a single bid offering a minimum cumulative project capacity of 50 MW/200 MWh and a maximum cumulative project capacity of 141.25 MW/565 MWh.
The project should be designed for interconnection with the interstate transmission system (ISTS) network. Responsibility for obtaining ISTS connectivity should be entirely the developer’s, in line with applicable regulations.
Only commercially established and operational technologies should be used to minimize technology risk and achieve timely project commissioning.
The net worth of bidders should be at least ₹9.6 million (~$100,315)/MW as on the last day of the previous financial year.
Bidders should fulfill any one of the following criteria:
- A minimum annual turnover of ₹4.8 million (~$50,157.6)/MW of the quoted capacity during the previous financial year.
- Internal resource generation capability, in the form of profit before depreciation, interest, and taxes, excluding other and exceptional income, for a minimum amount of ₹960,000 (~$10,031.5)/MW of the quoted capacity, as on the last date of the previous financial year.
- In-principle sanction letter from the lending institutions or banks committing a line of credit for a minimum amount of ₹1.2 million (~$12,539.4)/MW of the quoted capacity, towards meeting the working capital requirement of the project.
Developers should ensure that refurbished battery cells are not used in the project, and that the application software for the BESS energy management system is developed in India.
This January, MPPMCL invited bids to set up 750 MW/1.5 GWh of standalone battery energy storage systems (two units of 250 MW/500 MWh and two units of 125 MW/250 MWh) under a build-own-operate model.
Earlier, MPPMCL invited bids to procure 500 MW of energy storage capacity from ISTS-connected pumped storage projects.
