Reliance Power Arm Wins 350 MW Solar and 175 MW BESS Project from SJVN

15 May 2025 CW Team

In a regulatory filing, the company stated that upon commissioning, the project would add 600 MWp of installed solar PV capacity and 700 MWh of energy storage to its portfolio. With this development, Reliance Power's total clean energy pipeline now stands at 2.5 GWp of solar and more than 2.5 GWhr of BESS capacity.

The exchange filing further mentioned that the winning tariff was discovered at Rs 3.33/kWh, fixed for a 25-year term, making the project one of the most competitively priced offerings in India's energy transition space. The company also noted that the Letter of Award (LoA) from SJVN was awaited.

The project forms part of a broader tender issued by SJVN for 1,200 MW of solar capacity combined with 600 MW/2,400 MWh of BESS, to be connected to the Inter-State Transmission System (ISTS). The tender attracted participation from 19 entities, with 18 qualifying for the e-reverse auction. It was oversubscribed by more than four times.

According to Reliance Power, the awarded project includes a requirement for a minimum daily discharge window of four hours, ensuring reliable peak power supply to state distribution utilities (Discoms). The project will be developed under a build-own-operate (BOO) model, in line with the standard bidding guidelines issued by the Ministry of Power.

The company remarked that this successful bid reflected its continued commitment to becoming a key player in India’s renewable energy sector. It considered the win a major milestone in its strategic journey toward cleaner energy sources and its role in advancing the country’s sustainable energy future.

Additionally, the company’s wholly owned subsidiary, Reliance NU, recently signed a 25-year definitive Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI) for the development of Asia’s largest integrated solar and BESS project. The project will have a solar capacity of 930 MW paired with 465 MW/1860 MWh of BESS, involving an investment of up to Rs 100 billion.

News source: Financial Express

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Reliance Power announced its subsidiary, Reliance NU Energies, had secured the largest allocation under SJVN’s tariff-based competitive bidding process. The company was awarded 350 MW of solar generation capacity, along with 175 MW/700 MWh of battery energy storage system (BESS).In a regulatory filing, the company stated that upon commissioning, the project would add 600 MWp of installed solar PV capacity and 700 MWh of energy storage to its portfolio. With this development, Reliance Power's total clean energy pipeline now stands at 2.5 GWp of solar and more than 2.5 GWhr of BESS capacity.The exchange filing further mentioned that the winning tariff was discovered at Rs 3.33/kWh, fixed for a 25-year term, making the project one of the most competitively priced offerings in India's energy transition space. The company also noted that the Letter of Award (LoA) from SJVN was awaited.The project forms part of a broader tender issued by SJVN for 1,200 MW of solar capacity combined with 600 MW/2,400 MWh of BESS, to be connected to the Inter-State Transmission System (ISTS). The tender attracted participation from 19 entities, with 18 qualifying for the e-reverse auction. It was oversubscribed by more than four times.According to Reliance Power, the awarded project includes a requirement for a minimum daily discharge window of four hours, ensuring reliable peak power supply to state distribution utilities (Discoms). The project will be developed under a build-own-operate (BOO) model, in line with the standard bidding guidelines issued by the Ministry of Power.The company remarked that this successful bid reflected its continued commitment to becoming a key player in India’s renewable energy sector. It considered the win a major milestone in its strategic journey toward cleaner energy sources and its role in advancing the country’s sustainable energy future.Additionally, the company’s wholly owned subsidiary, Reliance NU, recently signed a 25-year definitive Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI) for the development of Asia’s largest integrated solar and BESS project. The project will have a solar capacity of 930 MW paired with 465 MW/1860 MWh of BESS, involving an investment of up to Rs 100 billion.News source: Financial Express

Infrastructure Urban

06 Jul 2026

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Infrastructure Transport

06 Jul 2026

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Infrastructure Transport

06 Jul 2026

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..