Triveni Turbine Limited has won a significant order worth INR 2.9 billion from NTPC Limited for the development of a CO2-based standalone Energy Storage System (ESS). This project, located at NTPC Kudgi Super Thermal Power Plant (STPP) in Karnataka, marks a major milestone in India’s push for advanced energy storage solutions.

The 160 MWh ESS system will enhance power reliability and efficiency by utilizing innovative CO2-based storage technology. The contract involves the design, engineering, manufacturing, supply, erection, and commissioning of the storage system, ensuring seamless integration with NTPC’s existing infrastructure.

As a domestic contract, this project further strengthens India’s renewable energy and storage sector. Triveni Turbine is set to complete the project within 18 months, demonstrating its expertise in delivering cutting-edge energy solutions.

In the meantime, Triveni Turbine shares opened today at ₹599.00, reaching a high of ₹618.65 and a low of ₹592.65. The stock’s 52-week high stands at ₹885.00, while its low is ₹364.85. As of 1:40 PM, the shares were trading 3.48% higher at Rs 613.85.
TOPICS: Triveni Turbine