Tata Power's distribution arm, ADB ink deal for enhancing Delhi's power distribution system

Tata Power Delhi Distribution has signed an agreement worth INR150 crore ($18.2m) for funding from the Asian Development Bank (ADB) to support its grid enhancement plan. The funds will be used to install grid infrastructure improvements and a pilot battery energy storage system (BESS). The installation of a BESS will enable the more efficient use of renewable energy sources, and help create a more disaster-resilient power supply. ADB is providing a $2m grant to partially finance the installation and integration of the pilot BESS.

from Energy-Industry-Economic Times https://ift.tt/qNzfrcw