Reliance Power Subsidiary Wins 750 MW Solar-BESS Project in India
Filing Summary
Reliance Power Limited’s subsidiary, Reliance NU Energies, secured a significant allocation in the 1500 MW / 6000 MWh FDRE ISTS tender by SJVN Limited. The company received a Letter of Award for 750 MW / 3000 MWh, representing 50% of the total tender allocation. The project will integrate 900 MWp of solar power with over 3000 MWh of Battery Energy Storage System (BESS). Reliance NU Energies achieved a tariff of ₹6.74 per kWh. This development positions Reliance Group as a leading player in India’s solar and BESS sector.
Reliance Power Limited’s wholly-owned subsidiary, Reliance NU Energies, has received a Letter of Award (LOA) for a substantial portion of the 1500 MW / 6000 MWh Firm and Dispatchable Renewable Energy (FDRE) ISTS tender. This tender was issued by SJVN Limited, a Navratna enterprise. Reliance NU Energies secured 750 MW / 3000 MWh, making it the largest single allocation under this tender. The award was confirmed on November 10, 2025.
The financial terms of the project include a competitive tariff of ₹6.74 per kWh, achieved through an online auction process. This tariff sets a new benchmark in India’s renewable energy market. The project involves the integration of 900 MWp of solar power with over 3000 MWh of Battery Energy Storage System (BESS). The allocation represents 50% of the total tender capacity, highlighting the significant scale of Reliance NU Energies’ involvement.
The scope of the project includes the supply of dispatchable renewable peaking power to distribution companies (DISCOMs) through a hybrid configuration. This configuration will combine solar generation with BESS capacity. The project aims to provide round-the-clock renewable power supply, enhancing the reliability of renewable energy sources. The tender process witnessed strong participation, being oversubscribed 3.3 times, with 14 bidders qualifying for the reverse online auction.
The market context for this development is significant, as it positions the Reliance Group as India’s largest player in the Solar + BESS segment. The group now has a cumulative portfolio exceeding 4 GWp of solar and 6.5 GWh of BESS across four tenders. This achievement has been accomplished within a span of 10 months, underscoring the group’s rapid execution capabilities in the renewable energy sector.
The timeline for the project involves the immediate commencement of activities following the award. The project will serve as a key enabler in achieving India’s renewable energy and decarbonization targets. The involvement of SJVN Limited, a leading Navratna enterprise, further emphasizes the strategic importance of this initiative in India’s energy transition.
SJVN Limited is a prominent player in the Indian energy sector, focusing on the development of hydroelectric power projects. The company is actively involved in expanding its renewable energy portfolio, aligning with India’s energy transition goals.
Reliance Power Limited, part of the Reliance Group, is one of India’s leading private sector power generation companies. The company operates a diverse portfolio, including the world’s largest integrated coal-based power plant, Sasan Power Limited. Reliance Power is committed to expanding its renewable energy footprint, contributing to India’s sustainable energy future.