Tata Power unit, ADB enter $18.2m deal to improve Delhi power distribution

This will involve grid enhancements and integrating BESS.

India’s Tata Power Delhi Distribution entered an agreement with the Asian Development Bank (ADB) for an $18.2m loan to enhance the power distribution in Delhi.

In a joint statement, Tata Power and ADB said the distribution will be improved through grid enhancements, and a $2m fund will be allocated to partially finance the installation and integration of the first battery energy storage system (BESS).

“Power distribution is a crucial link in the electricity supply chain, and at times one of the most vulnerable. Mainstreaming a battery energy storage system at the distribution transformer level will better integrate renewable energy sources and contribute to a more disaster-resilient power distribution system for Delhi,” said ADB’s Director General for Private Sector Operations Suzanne Gaboury.

The financing will be used to commission a net 66/11-kilovolt grid, and expand transformers, substations, feeder lines and switching stations. It will also be used to install smart metres and replace old electrical equipment and metres.

Meanwhile, a 10-megawatt-hour BESS, which fund was provided by Goldman Sachs and Bloomberg Philanthropies’ Climate Innovation and Development Fund and administered by ADB, will be South Asia’s first grid-scale energy storage project at the distribution transformer level.

It needs 182 gigawatt-hours of BESS by 2030 to reach its target of a battery storage capacity of 4% of total electricity consumption by 2030.

Follow the links for more news on

Asian Development Bank

Tata Power

India renewables capacity

Also Read

Qatar aims to reach 4 GW of renewable energy by 2030

Offshore wind deployment timeline insufficient to meet 2030 targets

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit