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Reliance Power arm bags letter of award from SECI for Solar 930 MW, 465 MW/1860 MWh BESS projects – Cash My Currency- Financial Updates | Business Blog Post | Financial Guest Posting Services

Reliance Power arm bags letter of award from SECI for Solar 930 MW, 465 MW/1860 MWh BESS projects

Reliance Power arm bags letter of award from SECI for Solar 930 MW, 465 MW/1860 MWh BESS projects

Reliance NU Suntech won the 930 MW solar energy contract with battery energy storage system project (BESS) from SECI. File
| Photo Credit: Reuters

Reliance Power Limited said its subsidiary Reliance NU Suntech Private Limited (Reliance NU Suntech) has received the Letter of Award 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 company said in a statement. 

“The competitive tariff with assured supply of peak power for four 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 ₹10 per unit,” the company added. 

Reliance NU Suntech won the 930 MW solar energy contract with battery energy storage system project (BESS) from Solar Energy Corporation of India (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,” it said. Reliance NU Suntech will develop the project on a build-own-operate basis.

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