Jupiter Wagons Ltd (JWL) has secured two battery energy storage system (BESS) projects worth around ₹400 crore from West Bengal State Electricity Distribution Company Ltd (WBSEDCL).
The projects, with a combined capacity of 100 MW/400 MWh, will be developed at Jeerat and Kharagpur in West Bengal. The contracts were awarded through e-reverse auctions under the tariff-based competitive bidding process, JWL said in a statement.
JWL’s subsidiary, JEM Energy, will execute and operate the projects under a 15-year build-own-operate (BOO) model.
The projects will strengthen JWL’s presence in the energy-storage segment as demand for battery-based storage solutions grows alongside the expansion of renewable-energy capacity and the need for grid flexibility.
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