on Saturday announced it has received a Notification of Award from NTPC Renewable Energy Limited (NTPC REL) for a significant energy storage project.
Project Details
The order covers the Engineering, Procurement, and Construction (EPC) of a 100 MWh Vanadium Redox Flow Battery Energy Storage System (VRFB BESS) at Khavda Solar Park in Gujarat. The contract also includes 10 years of operations and maintenance (O&M).
Technology Partner
Bondada Engineering will collaborate with Delectrik Systems Pvt Ltd as its technology partner for this project. The company said this marks India’s first and largest grid-scale VRFB BESS project.
Execution Timeline
The project facilities are expected to be completed within 10 months from the date Bondada Engineering received the Notification of Award. This timeframe includes the full EPC scope.
VRFB Technology Advantages
offers advantages over conventional Lithium Iron Phosphate (LFP) systems. These include a service life of over 25 years, high intrinsic safety, stable performance under frequent cycling with near zero degradation, and reduced operational expenditure.
Strategic Significance
Bondada Engineering noted that VRFB technology reduces India’s long-term import dependence, aligning with government goals for indigenous energy security. India possesses domestic vanadium resources, which supports this approach.
Energy Storage Market
According to the company, the Indian government aims to deploy approximately 236 GWh of Battery Energy Storage Systems by 2030, against a current installed capacity of about 3.3 GWh. This indicates a large growth opportunity in the energy storage market.