The new guidelines are part of India’s broader strategy for energy
transition, aimed at achieving energy security by shifting from fossil
fuels to renewable energy sources. He noted that these guidelines are
also designed to improve grid stability, particularly through the use of
energy storage systems.
Mr. Mittal pointed out that the government had already issued guidelines related to
Battery Energy Storage Systems (BESS) and that the latest set of guidelines focuses on energy storage systems in
Pump Hydro Storage Plants (PSP).
According to him, this step is crucial because, as India transitions to
renewable energy, power from sources like wind and solar is
intermittent and cannot provide a continuous 24/7 supply.
Therefore,
energy storage systems are needed to bridge the gaps during periods
when renewable energy is unavailable, such as when the sun isn’t shining
or the wind isn’t blowing.He said, that the new TBCB
guidelines aim to ensure transparency in the bidding process, creating a
fair environment for both developers and consumers. This, he noted,
would prevent delays that were common in the past, where
capacity-related issues during bidding caused setbacks. He commended the
Ministry of Power for improving efficiency and transparency through
these guidelines.
