Reliance NU Energies secures 350 MW solar power project from SJVN

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Reliance NU Energies secures 350 MW solar power project from SJVN - Business Standard

Quick Summary:

Reliance Power Ltd (Reliance Power) subsidiary Reliance NU Energies Private Ltd (Reliance NU Energies), wins the largest allocation in SJVN's tariff-based competitive bidding process, securing an allocation of 350 MW of solar power generation capacity coupled with 175 MW/700 MWh of BESS, according to the statement.

Reliance Power on Monday said its arm Reliance NU Energies has secured 350 MW solar project with a 175 MW/700 MWh of battery energy storage system (BESS) from SJVN Ltd.

The winning tariff was set at Rs 3.33/kWh, fixed for 25 years, positioning the project among the most competitively priced offerings in India's energy transition landscape, a company statement said.