Key Highlights
- Reliance NU Energies secures 750 MW / 3000 MWh allocation.
- 50% share of total 1500 MW / 6000 MWh SJVN FDRE ISTS tender.
- Tariff discovered at ₹6.74 per kWh.
- Reliance Group portfolio now exceeds 4 GWp solar + 6.5 GWh BESS.
- 900 MWp solar to be integrated with over 3000 MWh BESS.
Reliance Power Limited has announced that its subsidiary, Reliance NU Energies Private Limited, has received the Letter of Award (LOA) from SJVN Limited for 750 MW / 3000 MWh capacity in the first-of-its-kind FDRE ISTS tender. The tender had a total capacity allocation of 1500 MW / 6000 MWh and Reliance secured the highest share at 50% of the total awarded capacity.
This project strengthens Reliance Group’s position as India’s largest Solar + Battery Energy Storage System (BESS) player. With the latest win, the Group now holds more than 4 GWp of solar and 6.5 GWh of BESS portfolio across four tenders within a span of less than one year.
The project will be based on a hybrid renewable configuration integrating approximately 900 MWp of solar generation and over 3000 MWh of battery storage capacity. The tariff discovered for this award stood at ₹6.74 per kWh through a competitive online reverse auction process. The FDRE model supports round-the-clock renewable dispatch capability, enabling supply of renewable peaking power to DISCOMs.