Grid-Scale BESS - The Economics Behind Falling Bid Prices

Friday, February 27, 2026

Time
09:30 am - 09:35 am
Hall
The Leela Hotel
Room
Room: Bandhej


Analyzing recent BESS tenders, record-low tariffs, and the gap between headline cell
prices and the actual costs of delivering a fully integrated project. The
discussion will look at how assumptions on degradation, augmentation, and
operating profiles influence these bids. It will also assess what these
numbers mean for bankability, lender confidence, and the long-term
performance of storage assets in real-world conditions.

09:30 am - 09:35 amPanel: Grid-Scale BESS - The Economics Behind Falling Bid Prices

Siddharth Shetty (Moderator)

Analyst

BloombergNEF

Amit Rane

Founder

Wudmin Energy Private Limited

Sumit Joge

Head - Commercal Regulatory Affairs

Sekura

Urvish Dave

Entrepreneur Solar Energy Consultant

Uron

Speakers
Speaker
Urvish Dave, Uron

Entrepreneur Solar Energy Consultant

India

-

Speaker
Siddharth Shetty (Moderator), BloombergNEF

Analyst

India

-

Speaker
Amit Rane, Wudmin Energy Private Limited

Founder

India

A global renewable energy and net-zero leader whose work has significantly advanced thedeployment of solar and hybrid energy solutions across diverse regulatory and marketenvironments in India, the United States and Europe.With over two decades of experience, he has played a pivotal role in the design and executionof 6 GW+ solar parks, 1 GW+ open access projects and complex commercial and industrialrooftop solutions. As Founder and Managing Director of a Renewable Energy Services firm,he has led landmark initiatives including the design of a 3 GW solar park, de-carbonization ofsmart cities, developing cost model for multi MW Renewable Plants while advising utilities,regulators and industrial clients on scalable, bankable renewable energy frameworks.An Electrical Engineer from VJTI, Mumbai with an MBA from a leading U.S. business school,he brings a distinctive ability to integrate advanced engineering, project finance and regulatorystrategy. His expertise spans solar park layout optimization, microgrid and hybrid systemimplementation, pricing and risk structuring and the development of Round the Clock (RTC)renewable power solutions for commercial and industrial consumers.He is also an active mentor and investor to renewable energy startups, supporting innovationin energy storage, hybrid generation and policy aligned business models. A globally recognizedsolar master trainer and principal consultant, he is widely respected for translating complexpolicy and market dynamics into commercially viable, investment ready solutions.His leadership and impact have been recognized through multiple industry honours, includingbeing named among India's Top 100 Net Zero Leaders and receiving consecutive awards forexcellence in open access and solar policy innovation from a coveted solar specialistsgathering.

Speaker
Sumit Joge, Sekura

Head - Commercal Regulatory Affairs

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