Reliance NU Energies to Lead Key Solar and Storage Project in India

Introduction

India’s renewable energy sector has reached a new milestone with Reliance NU Energies, a subsidiary of Reliance Power, securing a major solar and battery energy storage project from SJVN Ltd. This development not only strengthens Reliance’s leadership in clean energy but also sets a benchmark for integrating large-scale solar power with advanced storage solutions.

Project Highlights

• Project Size:
  Reliance NU Energies will develop a 350 MW solar power plant, paired with a 175 MW/700 MWh battery energy storage system (BESS). The solar component will have a direct current (DC) capacity of 600 MWp, ensuring robust power generation.

• Tariff and Tenure:
  The project is set at a fixed tariff of ₹3.33 per kilowatt-hour (kWh) for a period of 25 years. This long-term pricing ensures cost stability and affordability for consumers and energy buyers.

• Tender Background:
  This award is part of a larger initiative by SJVN Ltd, which tendered 1,200 MW of solar capacity and 600 MW/2,400 MWh of battery storage. The tender attracted significant industry attention, with 19 companies participating and the process being oversubscribed more than four times.

• Integration with Grid:
  The project will be connected to India’s interstate transmission system (ISTS), allowing for efficient distribution of power across regions and supporting national grid stability.

Strategic Importance

• Reliable Renewable Energy:
  By integrating battery storage with solar power, the project addresses the challenge of intermittency in renewable energy. The 700 MWh BESS can supply 175 MW for four hours, enabling solar energy to be delivered even after sunset or during cloudy periods.

• Market Leadership:
  With this project, Reliance Power’s clean energy pipeline grows to 2.4 GW of solar DC and over 2.5 GWh of battery storage, making it the largest player in India’s integrated solar and storage sector.

• Sectoral Impact:
  The strong response to SJVN’s tender reflects growing investor confidence in hybrid renewable projects. Such projects are critical for India’s energy transition, as they provide firm, dispatchable power that can replace fossil fuel-based generation.

Conclusion

Reliance NU Energies’ achievement in securing this landmark solar and battery storage project marks a pivotal moment for India’s renewable energy landscape. The integration of large-scale battery storage with solar generation not only enhances the reliability of clean power but also supports the country’s ambitious goals for a sustainable, low-carbon future. As India continues to pursue renewable energy leadership, innovative projects like this will play a vital role in shaping a greener and more resilient power sector.