Reliance Power's Solar Surge: Leading India's Energy Transition
Reliance Power's unit, Reliance NU Energies, secured a 350 MW solar project equipped with a 175 MW/700 MWh battery storage system from SJVN Ltd. This breakthrough strengthens Reliance Power's renewable focus, part of a broader solar and BESS initiative aggressively pursued in a competitive energy market.
- Country:
- India
Reliance Power, through its arm Reliance NU Energies, has made significant strides in India's renewable energy sector by securing a 350 MW solar project integrated with a 175 MW/700 MWh battery energy storage system (BESS) from SJVN Ltd.
The groundbreaking project, achieved through a competitive tariff of Rs 3.33 per kWh fixed for 25 years, underscores Reliance Power's strategic shift towards renewable energy. Once operational, it will add a substantial 600 MWp of solar PV capacity and 700 MWh of energy storage to their portfolio.
This move positions Reliance Power as India's largest player in the integrated Solar + BESS market, marking a pivotal step in their clean energy journey. Their latest win aligns with the trend of oversubscription in renewable tenders, highlighting industry interest in solutions offering reliable energy supply.
(With inputs from agencies.)
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