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NTPC Arm NVVN Set to Start 500 MWh BESS Operations, Plans Another 500 MWh

Written by: Team Angel OneUpdated on: 8 Oct 2026, 10:05 pm IST
NTPC subsidiary NVVN will soon start commercial operations of 500 MWh BESS capacity and target another 500 MWh this financial year.
NTPC Arm NVVN Set to Start
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NTPC Vidyut Vyapar Nigam (NVVN), a wholly-owned subsidiary of NTPC, is preparing to start commercial operations of 500 MWh battery energy storage capacity soon.  

NVVN CEO Somes Bandyopadhyay gave the update on Thursday, according to a Business Standard news report. 

Another 500 MWh Planned 

Bandyopadhyay said NVVN is targeting a further 500 MWh of battery energy storage capacity for commissioning during the current financial year. This would take the two planned additions to 1,000 MWh. 

He was speaking to reporters on the sidelines of the 18th India Coal Summit organised by the Indian Chamber of Commerce. 

3,000 MWh Government Scheme 

NVVN is also working under a government scheme for 3,000 MWh of battery energy storage capacity. Bandyopadhyay said the company is involved in battery energy storage through different modes under the scheme. 

The 500 MWh capacity expected to start commercial operations shortly is part of this broader battery storage work. 

Storage of Electricity 

A Battery Energy Storage System (BESS) uses batteries to store electricity produced by generation plants. The batteries can be used individually or in groups, depending on the system. 

Electricity stored in these systems can be supplied later. This allows power generated at one point in time to be used when it is needed. 

Use During Peak Demand 

BESS can store electricity when demand is lower and supply it during periods of higher demand. The systems can also store electricity when renewable generation is high. 

This makes battery storage relevant to the management of peak power requirements and the use of renewable electricity. 

NVVN's Projects 

NVVN is involved in developing large-scale BESS projects across the country. The company is working on storage capacity that can be used by utilities for managing changes in electricity demand and renewable power generation. 

Read More: Ola Electric Share Price in Focus; Board Approves ₹1,000 Crore Rights Issue! 

NTPC Share Price Performance  

As of October 8, 2026, 3:30 pm, NTPC share price closed at ₹309.70, a 2.23% decrease from the previous closing price. 

Conclusion 

NVVN is set to bring 500 MWh of battery storage capacity into commercial operation soon and is targeting another 500 MWh this financial year. Its wider government-backed scheme covers 3,000 MWh of storage capacity. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.  

Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: Oct 8, 2026, 4:35 PM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

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