Reliance Infrastructure Ltd has received a letter of award from NHPC Ltd for setting up an interstate transmission system (ISTS)-connected solar power project along with BESS.
In a release, Reliance Infrastructure said that the 390-MW ISTS-connected solar power project coupled with battery energy storage system (BESS) will add 700 MW of solar DC and 780 MWh of BESS capacity to Reliance Group’s portfolio.
The winning tariff was discovered at Rs.3.13 per kwh, positioning the project among the most competitively priced offerings in India’s energy transition landscape, the release said.
The project is part of a broader tender floated by NHPC, which saw participation from 15 entities, with 14 qualifying for the e-reverse auction. The tender was oversubscribed by nearly 4 times, reflecting heightened industry interest in dispatchable renewable energy solutions.
Reliance Power, a listed entity in the Reliance Group, already has a renewable energy portfolio of nearly 2.5 GWp of Solar and 2.5 GWh of BESS capacity.
With the addition of the above capacity, the combined Reliance Group’s clean energy pipeline now stands at more than 3 GWp of Solar DC capacity and over 3.5 GWhr of BESS capacity, making it India’s largest player in the integrated Solar + BESS segment the release added.
Also read:Reliance Industries set to make debut in power transmission space
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