Reliance Power Arm Wins 350 MW Solar and 175 MW BESS Project from SJVN
POWER & RENEWABLE ENERGY

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

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

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

Next Story
Infrastructure Transport

Surya Roshni delivers customised lighting for NCRTC RRTS stations

Surya Roshni has supplied customised indoor lighting solutions for 18 elevated stations on the National Capital Region Transport Corporation's (NCRTC) Rapid Rail Transit System (RRTS), strengthening its presence in India's infrastructure lighting segment.The project involved the design and deployment of lighting systems for platforms, concourses, foot overbridges (FOBs) and back-of-house (BOH) areas. According to the company, the luminaires were developed specifically to meet NCRTC's design, operational and performance requirements rather than using standard products.Surya introduced two custo..

Next Story
Real Estate

Hilton debuts Tapestry Collection brand in Vietnam

Hilton has opened NHAAN Resort & Spa Hoi An, Tapestry Collection by Hilton, marking the debut of the Tapestry Collection brand in Vietnam and expanding its lifestyle hospitality portfolio in Southeast Asia.Located along the Co Co River in Cam Thanh village, the 174-key resort provides access to Hoi An Ancient Town, Cua Dai Beach and the Cam Thanh Nipa Forest. The property has been designed by Vietnamese architect Vo Trong Nghia, incorporating biophilic architecture, locally sourced materials and riverfront landscapes.The resort offers a mix of guest rooms and suites, including family-frien..

Next Story
Building Material

Electrent expands lithium energy storage system portfolio

Electrent Energy has expanded its lithium-based energy storage portfolio with the launch of the ESS 850 and ESS 1050, targeting compact and maintenance-free power backup solutions for Indian homes.The new systems integrate a Home UPS and a LiFePO4 lithium battery into a single unit, extending the company's product range following the launch of its ESS 1350 and ESS 2500 models.Designed for apartments and smaller homes, the ESS 850 provides up to 1 hour 15 minutes of backup, while the ESS 1050 offers up to 1 hour 45 minutes on a typical 400 W household load. The systems can power essential appli..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement