Solarworld Energy Solutions has signed a Battery Energy Storage Purchase Agreement (BESPA) on December 8, 2025 with Gujrat Urja Vikas Nigam for the development of 200 MW / 400 MWh Battery Energy Storage Systems (BESS) in Gujarat. This agreement pertains to ‘On-Demand’ usage under Tariff-Based Competitive Bidding-Phase VI, as per the Letter of Intent (LOI) dated May 28, 2025. The order value is approximately Rs 806.40 crore (Excl. Taxes over 12 years). The project is scheduled to be completed in 12 years.
Solarworld Energy Solutions is principally engaged in the business of solar power plant set up, engineering, procurement and construction (EPC) etc. The company, together with its subsidiaries, associate, and joint ventures, is primarily engaged in the business of solar power plant set up, EPC, solar accessories, and undertakes related construction/project related activities.
