Reliance Power to build 930 MW of solar with 1.86 GWh of battery storage

Reliance Power to build 930 MW of solar with 1.86 GWh of battery storage Reliance Nu Suntech says it will build a 930 MW solar project with 465 MW/1,860 MWh of battery storage to deliver four hours of peak power daily at a fixed tariff of INR 3.53 ($0.042)/kWh. The project aims to provide assured supply at competitive rates. May 5, 2025 Uma Gupta Markets Markets & Policy Asia India Image: Reliance Power Share From pv magazine India Reliance Power said its Reliance NU Suntech subsidiary has secured a 25-year power purchase agreement with Solar Energy Corp. of India for a 930 MW AC solar project integrated with a 465 MW/1,860 MWh battery energy storage system. The project will supply four hours of assured peak power daily at a fixed tariff of INR 3.53/kWh. It will be Asia’s largest single-location integrated solar and storage project, scheduled for commissioning within 24 months. To meet the contracted 930 MW AC capacity, Reliance NU Suntech will install over 1,700 MWp of solar generation. Reliance NU Suntech won the project in SECI’s Tranche XVII auction through tariff-based competitive bidding. The auction drew five major bidders for 2 GW of ISTS-connected solar and 1 GW/4 GWh of battery storage. “Reliance Power has successfully submitted a Performance Bank Guarantee (PBG) of INR 378 crore to SECI. The entire bidding process – from the reverse auction to the issuance of the Letter of Award (LoA) and the signing of the PPA – was completed in under five months,” the company stated. This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com. Fujitsu launches residential cold climate heat pump with split design 02 May 2025 The Japanese manufacturer said its new heat pump system features a coefficient of up to 5.42 and a seasonal energy efficiency ratio of up to 33.2