Reliance wins major renewable power tender from SJVN
pre-market1 source ↓written by the desknot a recommendation
- of capacity
- 750 MW
- renewable energy tender
- 1,500 MW
- competitive tariff
- ₹6.74 per kWh
- of battery energy
- 3,000 MWh
- of solar
- 4 GWp
Reliance NU Energies, a subsidiary of Reliance Power, has secured 750 MW of capacity in SJVN's 1,500 MW renewable energy tender, with a competitive tariff of ₹6.74 per kWh. This project will provide dispatchable power to DISCOMs, enhancing Reliance's position as India's largest player in the solar and battery energy storage sector. ⚡
Key Points:
• 3,000 MWh of battery energy storage capacity
• Cumulative portfolio exceeds 4 GWp of solar
• Strengthens renewable energy infrastructure
This win may boost market sentiment for Reliance and the renewable sector.
Not investment advice. For informational purposes only.