<h1>Energy company wins 120 MWh battery storage project under competitive bidding for grid stabilization</h1> An energy company received a letter of intent to develop a 120 MWh Battery Energy Storage System in Bihar under tariff-based competitive bidding on a Build, Own, Operate, Transfer basis. The project will be implemented across three grid substations at 40 MWh each, with commissioning scheduled within 18 months of the purchase agreement. This initiative is part of a central government-approved 500 MWh battery storage project aimed at ensuring uninterrupted power supply and balancing demand during peak hours while supporting clean energy objectives.