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Oriana Power Secures ₹1.89 Billion Battery Storage Order in Rajasthan Energy Push

Updated: July 09, 2025 10:06

Image Source: Saur Energy International
Oriana Power Ltd has clinched a major clean energy milestone with the execution of a Battery Energy Storage Purchase Agreement (BESPA) for a 50 MW / 100 MWh standalone battery storage system in Rajasthan. The ₹1.89 billion order was signed through its subsidiary Truere Knight with Rajasthan Rajya Vidyut Utpadan Nigam Ltd (RVUNL), marking a strategic leap in India’s grid modernization efforts.
 
Key Highlights:
  • Project awarded under RVUNL’s 500 MW / 1,000 MWh BESS auction
  • Oriana’s winning tariff: ₹222,000 per MW/month
  • BESPA includes viability gap funding of ₹2.7 million/MWh or 30% of capital cost
  • System must support two chargedischarge cycles daily with 95% uptime
  • Commissioning deadline: 18 months from agreement date
  • Location: RVUNL’s designated substations across Rajasthan
This project strengthens Oriana’s position in India’s energy storage landscape and supports the state’s renewable integration goals.
 
Sources: Mercom India, Energetica India, Oriana Power Investor Portal, RVUNL Rajasthan Energy Department

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