π Tender Overview
Scope : To Set up a Battery Energy Storage Systems (BESS) Gigafactory in Jammu and Kashmir (J&K).
GoodEnough Energy, a company based in Noida, has announced plans to set up a Battery Energy Storage Systems (BESS) gigafactory in Jammu and Kashmir (J&K). This BESS gigafactory will be India's largest, and will help reduce over 5 million tonnes of CO2 annually.
The initial capacity of the gigafactory will be 7 GWh, with an investment of over Rs 450 crore. The operations are scheduled to start by October 2024. The investment will cover the cost of the manufacturing plant, machinery, and infrastructure, and is expected to be completed by 2026.
This gigafactory is expected to play a significant role in reducing carbon emissions by over 5 million tons annually and will support India's burgeoning electric vehicle (EV) ecosystem. It will also create job opportunities for over 100 small and medium-sized enterprises (SMEs) as vendors and suppliers.