The project will combine solar and wind power generation with Battery Energy Storage Systems (BESS) to supply firm and dispatchable renewable energy. The integrated system is expected to provide a more reliable power supply by addressing the intermittency associated with standalone solar and wind projects.
The investment is part of Essar Power’s strategy to build a diversified energy portfolio of approximately 5 GW across renewable, thermal and gas-based power generation.
The agreement with NHPC marks an important step in expanding its renewable energy business. Essar Renewables has secured three major renewable energy tenders from central public sector undertakings NHPC and SJVN, with a combined awarded capacity of approximately 1 GW.
