Gujarat Urja Vikas Nigam Limited (GUVNL) has successfully concluded its 2 GW/4 GWh standalone battery energy storage system (BESS) auction (Phase VII), marking a milestone in India’s energy transition. The auction, floated in July 2025, attracted strong participation, with nine companies emerging as winners and tariffs settling in the range of ₹185,000–₹188,000 per MW per month. Key Highlights Total Capacity Auctioned: 2,000 MW / 4,000 MWh Number of Winners: 9 developers Lowe