NTPC renewable Energy awards contract for 100MWh
New Delhi: State-run NTPC’s wholly-owned subsidiary NTPC Renewable Energy Ltd. has given a Notification of Award (NOA) to Bondada Engineering Limited for the Engineering, Procurement, and Construction (EPC) Package for the Development of a 100MWh Vanadium Redox Flow Battery Energy Storage System (VRFB BESS) at Khavda Solar Park, Gujarat, with Delectrik Systems Pvt. Ltd. as Technology Partner.
The contract has been given in terms of great confidence for expertise, execution capabilities, a proven track record in delivering large-scale renewable energy projects, and the company's agility for venturing into new energy storage technologies.
The project is strategically significant as it involves Vanadium Redox Flow Battery (VRFB) technology, a next-generation energy storage solution that offers several advantages over conventional lithium-ion phosphate (LFP) battery systems.
While LFP batteries are largely dependent on imported cells and typically have an operational life of 12–15 years, VRFB technology offers a significantly longer service life of over 25 years, with high intrinsic safety, stable performance under frequent cycling with near-zero degradation, and reduced operational expenditure.
Furthermore, India possesses domestic vanadium resources, and VRFB technology reduces long-term import dependence and aligns with the government's vision of strengthening indigenous energy security.
The Government of India has set an ambitious target of deploying approximately 236 GWh of battery energy storage systems by 2030, whereas the current installed capacity is only around 3.3 GWh. This highlights the immense growth opportunity in the Indian energy storage market, driven by the rapid expansion of renewable energy capacity and the increasing need for grid stability.
With this landmark order, the company has secured India's first and largest grid-scale Vanadium Redox Flow Battery (VRFB) BESS project, demonstrating the company's ability to adopt and execute energy storage projects involving advanced Long Duration Energy Storage (LDES) technologies.
This achievement will strengthen the segment in the rapidly expanding BESS sector, complementing its existing renewable energy EPC portfolio. The company remains committed to supporting India's energy transition by delivering innovative, sustainable, and technologically advanced infrastructure solutions. The company has stated that it will continue to do next-generation technologies and actively participate in the development of India's fast-growing clean energy ecosystem, creating long-term value for all stakeholders.
The nature of the order is an EPC package for the development of a 100MWh Vanadium Redox Flow BESS at Khavda Solar Park, including 10 years of O&M.
The completion of facilities is 10 months from receipt of NOA.