Mahindra Susten won the auction for 20 MW/28MWh with the final all-in price of INR 2.99 billion ($46 million).Mahindra Susten, one of India's most significant EPC players, has won the auction for a 20 MW solar project integrated with 28 MWh of battery storage capacity in Andaman & Nicobar Islands.
NLC India Limited, a government of India-owned coal mining company, conducted the auction and it is the first utility-scale storage project in India to confirm results.
Mahindra sealed the deal with a bid of INR 2.99 billion ($46 million). The company will provide complete EPC and O&M services for 25 years.
Prior to the auction, the aggregate capacity of 35 MWh storage tenders were scrapped due to undisclosed reasons. NTPC was the latest to reject the 27.2 MWh tenders for the Andaman Islands.
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