Triveni Turbine Limited — New Orders, 29-01-2025: Bagging/Receiving of orders/contracts
Triveni Turbine Limited has secured an order valued at INR 2.9 billion from NTPC Limited for the installation of a CO2-based standalone Energy Storage System (ESS) at NTPC Kudgi, Karnataka. The project, with a capacity of 160 MWh, is to be executed on a turnkey basis, showcasing significant operational collaboration with partner Energy Dome. It is set for completion within 18 months and represents a strategic move by NTPC to enhance its renewable energy capabilities. The successful implementation of this advanced technology aligns with India's energy transition efforts and government initiatives like 'Make in India.' The CO2 Battery system promises a long lifespan and minimal maintenance, positioning Triveni Turbine for potential growth in an evolving energy landscape. This development is a positive indicator for shareholders, reflecting the company's commitment to innovative and sustainable energy solutions.
