The Gujarat Electricity Regulatory Commission (GERC) has adopted tariffs in the range of ₹185,390 (~$2,034)/MW to ₹189,000 (~$2,074)/MW per month discovered under the competitive bidding process conducted by Gujarat Urja Vikas Nigam (GUVNL) for the procurement of power from 2 GW/4 GWh standalone battery energy storage systems (BESS) under Phase VII. The Commission approved a total capacity of 1.665 GW/3.33 GWh in favour of the successful bidders.
