The Maharashtra Electricity Regulatory Commission (MERC) has approved Maharashtra State Electricity Distribution Company’s (MSEDCL) proposal to procure 2 GW/4 GWh battery energy storage capacity for 15 years, at a tariff of ₹165,998 (~$1,806)/MW per month. The approved capacity will be allocated among seven successful bidders: Mahati Industries, ArMee Infotech, Diwakar Renewable & Infra, Bhilwara Energy, OPG Power Generation, Patanjali Ayurved, and Onward Solar Power.
