ONGC Tripura Power Company Ltd (OTPC) has signed a pact to develop battery energy storage project in Assam at an investment of Rs 2,000 crore. OTPC is a joint venture of Oil and Natural Gas Corporation (ONGC), Government of Tripura and India Infrastructure Fund-II and ______________.

The correct answer is GAIL (India) Ltd . Key Points ONGC Tripura Power Company Ltd (OTPC) has signed a pact to develop battery energy storage project in Assam at an investment of Rs 2,000 crore. The memorandum of understanding (MoU) was signed with Assam Power Distribution Company Limited (APDCL) at Guwahati, to develop battery energy storage system project of capacity up to 250 MW / 500 MWh in phased manner in Assam by incorporating a joint venture company. The project will help the state in improving power availability during peak load hours , improving integration of renewable energy generation with the electricity grid and enhancing grid reliability. OTPC is a joint venture of Oil and Natural Gas Corporation (ONGC) , Gas utility GAIL (India) Ltd, Government of Tripura and India Infrastructure Fund-II . OTPC owns and operates a 726 MW gas based power plant which caters to 25 per cent of energy demand of all seven north-eastern states. Additional Information GAIL (India) Limited (formerly known as Gas Authority of India Ltd.) is a central public sector undertaking under the ownership of Ministry of Petroleum and Natural Gas. It is headquartered in GAIL Bhawan, New Delhi . Founded: 1984 Chairman and MD: Sandeep Kumar Gupta