Keralam Pursues Dedicated Power Plant and Energy Storage Solutions
Keralam is working to secure its long-term energy requirements, including the establishment of a dedicated power plant within the state. This initiative follows a meeting between Keralam Chief Minister V D Satheesan and NTPC CMD Gurdeep Singh.
Key decisions from the meeting include the development of a 2000 MWh Battery Energy Storage System (BESS) at Kayamkulam. A Memorandum of Understanding (MoU) for this project is expected to be signed by Kerala State Electricity Board (KSEB), NTPC, and NTPC Green Energy Limited (NGEL). Additionally, two 80 MWh BESS projects are planned for Pothencode and Sreekantapuram, with commissioning anticipated by March 2027.
Further agreements involve the NTPC Sinnar project in Maharashtra supplying up to 300 MW of power to Keralam at ₹5.18 per unit. Steps are also being expedited for a 27 MW solar project by NTPC in Kayamkulam. NTPC has also indicated willingness to enter a Power Purchase Agreement for power from the Ramagundam plant. NTPC's technical expertise will be provided to KSEB to enhance its management, technical operations, and modern power management systems.