New Delhi, June 23 -- June 23: NLC India Renewables Limited (NIRL), a wholly owned subsidiary of NLC India Limited (NLCIL) - a Navratna Public Sector Undertaking under the Ministry of Coal, Government of India - has been awarded a landmark 500 MWh Battery Energy Storage System (BESS) project by Tamil Nadu Green Energy Corporation Limited (TNGECL).

The award comprises the development of three standalone BESS projects with a combined capacity of 250 MW / 500 MWh, to be established at:

The projects will be executed under the Build-Own-Operate (BOO) model and were awarded through a tariff-based competitive bidding process under the State Component of the Viability Gap Funding (VGF) scheme.

NLC India Limited was the first Central Public Sec...