Reliance NU Energies Pvt Ltd, a subsidiary of Reliance Power Ltd, has received a letter of award from Central PSU SJVN Ltd for putting up a solar-cum-BESS project.
In a release, Reliance Power said that the letter of award is for a 350-mw ISTS-connected solar power project coupled with a 175 MW/700 MWh battery energy storage system (BESS).
Once commissioned, the platform will add 600 MW of solar DC capacity, and 700 MWh of BESS capacity to Reliance Power’s portfolio, consolidating its leadership in new energy solutions. The company’s total clean energy pipeline now stands at 2.4 GW of solar (DC) capacity and over 2.5 GWh of BESS capacity, making it India’s largest player in the integrated Solar + BESS segment, the release said.
Reliance NU Energies had earlier emerged as the successful bidder in the competitive auction conducted by SJVN, securing the project at a fixed tariff of Rs.3.33 per kwh for a period of 25 years. The project was part of a larger 1,200 MW solar + 600 MW/2,400 MWh BESS tender, which attracted participation from 19 developers, with 18 qualifying for the final e-reverse auction.
The tender was oversubscribed by more than 4 times, reflecting heightened industry interest in dispatchable renewable energy solutions, the release said.
The project reinforces Reliance Power’s strategic commitment to renewable energy leadership, while delivering sustainable value creation across stakeholders. It marks a significant milestone in the company’s strategic vision to transition toward cleaner energy sources and play a pivotal role in shaping the country’s sustainable energy future, the Reliance Power release added.
Also read: Reliance Power subsidiary signs PPA with SECI for mega solar-BESS project
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