Reliance Power’s subsidiary -- Reliance NU Suntech has received the Letter of Award (LoA) from Solar Energy Corporation of India (SECI) for its proposed Solar 930 MW and 465 MW/1860 MWh Battery Energy Storage System (BESS) projects. The project will see the largest deployment of grid storage batteries at a single site, not only in India but also in Asia, besides China. The competitive tariff with assured supply of peak power for 4 hours in a day will be a welcome relief for DISCOMs that have had to consistently buy power from the power exchanges during peak hours at the cap of Rs 10 per unit.
Reliance NU Suntech won the landmark 930 MW solar energy contract with BESS from SECI in an e-reverse auction held on December 9, 2024. As per the terms of the tender, Reliance NU Suntech will also install a minimum storage capacity of 465 MW/1,860 MWh charged by solar power.
Reliance Power has been established to develop, construct and operate power projects both in India as well as internationally.
