A brief on a VGF-backed standalone storage tender in central India, tracked in our tender tracker.
Tender at a glance
| Field | Detail |
|---|---|
| Issuer | Madhya Pradesh Power Management Company (MPPMCL) |
| Capacity | 282.5 MW / 1,130 MWh, standalone BESS |
| Model | Build-Own-Operate (BOO); ISTS-connected |
| Support | VGF of ₹1.2 million/MWh or 30% of capital cost |
| Bid submission deadline | 9 June 2026 (online); 11 June 2026 (hardcopy) |
| Completion | Within 12 months of the storage purchase agreement |
| Status | Open — not yet awarded |
| Assigned to | None yet (bidding stage) |
What it means
This tender is a textbook example of how central Viability Gap Funding shapes state procurement: with up to 30% of capex covered, bidders can quote lower capacity tariffs, sharpening the numbers that show up in India’s price-discovery trend. The tight 12-month completion window also signals how quickly states now expect storage to come online.
As of this briefing the tender is open for bids and has not been awarded — the assignee will be updated here once MPPMCL declares the winner(s).
Bidding a VGF-linked tender? Getting the capex and VGF assumptions right is where bids are won — talk to our bid desk, or model it first.