Reliance Power Limited, through its subsidiary Reliance NU Energies, has received a letter of award (LoA) from SJVN Limited for the development of a 350 MW inter-state transmission system-connected solar power project. The project will be integrated with a 175 MW/700 MWh battery energy storage system (BESS).
The company secured the project in a competitive auction conducted by SJVN, at a tariff of Rs 3.33 per kWh for a period of 25 years. The project was part of a 1,200 MW solar project and 600 MW/2,400 MWh BESS project tender floated in September 2024. With this project, Reliance Power’s total clean energy pipeline now stands at 2.4 GW of solar DC capacity and over 2.5 GWh of BESS capacity.
Earlier this month, Reliance Power, through its subsidiary Reliance NU Suntech, signed a 25-year power purchase agreement with Solar Energy Corporation of India for 1.4 GW solar plus BESS project at a tariff of Rs 3.53 per kWh.
