India Grid Trust announced that it had put into operation its first battery energy storage system (BESS) project in conjunction with solar panels, at the Dhule substation in Maharashtra, . The business said that the project will satisfy the substation's need for auxiliary usage. It will "serve as a prototype for extending our footprint in
energy transition opportunities in the sector" in addition to "reducing our emissions," according to the statement. According to Chief Executive Officer Harsh Shah, this facility will also serve as a test site for enhancing IndiGrid's capacity to take advantage of energy transition opportunities in the solar and BESS space. He continued, "We look forward to replicating such technologies throughout our other substations and reducing emissions of our operations as operations at this facility settle."
The Indian power sector's first infrastructure investment trust is called IndiGrid. It is the owner of 17 power projects, including 100 MW (AC) of solar generation capacity, 13 substations with 17,550 MVA of transformation capacity, and 46 transmission lines totaling more than 8,416 ckms (circuit kilometres) in length. Around Rs 22,700 crore are managed assets (AUM) for IndiGrid (USD 2.7 billion). KKR owns all of the stock of IndiGrid's investment manager.
