Reliance Infrastructure Limited has received a Letter of Award (LOA) from NHPC, a leading Navratna public sector enterprise, for the development of a 390 MW interstate transmission system (ISTS)-connected solar power project integrated with a Battery Energy Storage System (BESS).

Once operational, the project will contribute 700 MWp of solar DC capacity and 780 MWhr of BESS capacity to the Reliance Group’s clean energy portfolio, strengthening its leadership in India’s renewable energy space.

The winning tariff for the project was discovered at Rs 3.13/kWh, making it one of the most competitively priced renewable energy projects in the country. The tender, floated by NHPC, attracted participation from 15 companies, with 14 qualifying for the e-reverse auction. It was oversubscribed nearly four times, highlighting the rising industry demand for dispatchable renewable energy solutions.

Reliance Power, another listed entity within the Reliance Group, already manages a renewable energy portfolio of nearly 2.5 GWp of solar capacity and 2.5 GWhr of BESS capacity. With this new addition, the Group’s total pipeline now exceeds 3 GWp of solar DC capacity and 3.5 GWhr of BESS capacity. This positions Reliance as India’s largest player in the integrated Solar + BESS segment.

The successful bid underlines the Reliance Group’s commitment to accelerating India’s transition to clean energy. It represents a key milestone in its strategy to lead the renewable sector and contribute significantly to the country’s sustainable energy future.