Reliance NU Suntech, a subsidiary of Reliance Power Limited, has secured a landmark contract from the Solar Energy Corporation of India (SECI) for a 930 MW solar power project combined with a 465 MW/1860 MWh Battery Energy Storage System (BESS). This project will be Asia’s largest deployment of grid storage batteries, second only to China, marking a significant leap in renewable energy technology in India.
The project, awarded after a competitive e-reverse auction on December 9, 2024, promises to supply peak power for four hours daily. This will help alleviate the strain on DISCOMs, which have been purchasing expensive power from exchanges during peak hours. The energy storage system, charged by solar power, ensures a reliable and cost-effective alternative to conventional energy sources.
Reliance NU Suntech will operate the project under a build-own-operate model, and SECI will sign a 25-year Power Purchase Agreement (PPA) to supply solar energy to multiple Indian DISCOMs.
This achievement highlights the technological advancements in solar power with BESS, making it a sustainable solution for India’s growing energy needs.
