Greenko Group emerges lowest bidder for NTPC’s 300 MWh energy storage tender

Greenko was the lowest bidder for 3,000 megawatt hours (MWh) tender, competing with Italy’s Enel Group Indian arm Enel Green Power (EGP), JSW Neo Energy Ltd, Hinduja Renewables Energy Private Ltd, HES Infra Pvt Ltd, and India Grid Trust (IndiGrid). Greenko’s lowest bid was for Rs 5 per kWh on a single cycle per day basis, with effective storage charges to be far lower than Rs 2.5 per kWh.


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