Ministry invites bids for energy storage
The Ministry of Investment has announced the initial qualification invitation for the Mujib Pumped Storage Project, which involves developing a 450-megawatt hydroelectric facility near the Mujib Dam. The project's goal is to store excess electricity, especially from solar energy, for up to seven hours and utilize it during periods of high demand on the grid. The initiative aims to enhance the flexibility of the electrical system, increase the integration of renewable energy, improve energy security, and reduce dependence on imported fuel. The project will be implemented through a public-private partnership system.
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