PowerGrid Share Price Surges; Wins 150 MW/300 MWh Battery Energy Storage System Project in Andhra Pradesh

Written by: Team Angel OneUpdated on: 31 Dec 2025, 5:22 pm IST

PowerGrid has secured a 150 MW/300 MWh standalone battery energy storage project at Kalikiri in Andhra Pradesh under a competitive bidding process.

Power Grid Corporation of India Limited has added a grid-scale energy storage project to its portfolio after emerging as the successful bidder for a standalone battery energy storage system in Andhra Pradesh.

Project Scope and Location

Under the award, Power Grid Corporation of India Limited will establish a standalone battery energy storage system with a capacity of 150 MW/300 MWh.

The project will be set up at the 400/220 kV Kalikiri sub-station in Chittoor district, Andhra Pradesh, and is designed for on-demand usage to support grid operations in the state.

The project forms part of a larger programme aimed at developing cumulative battery storage capacity of 2,000 MWh across selected substations.

Project Structure and Award Timeline

The battery energy storage system will be implemented under a build-own-operate model. The Letter of Award for the project was received on December 29, 2025.

The facility will be developed at the Kalikiri site, strengthening energy storage infrastructure linked to the state transmission network.

About Power Grid Corporation of India

Power Grid Corporation of India Limited is engaged in power transmission and grid infrastructure development, with operations spanning interstate transmission systems, grid management and related energy solutions across India.

Power Grid Corporation of India Share Price Performance

As of December 31, 2025, at 11:50 AM, Power Grid Corporation of India Limited share price is trading at ₹264.95 per share, reflecting a gain of 1.77% from the previous closing price.

Conclusion

With the 150 MW/300 MWh battery energy storage project at Kalikiri, PowerGrid continues to expand its presence in grid-scale energy storage, supporting the integration of flexible power solutions within India’s transmission network.

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Published on: Dec 31, 2025, 11:52 AM IST

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