Reliance Infrastructure Limited has received a Letter of Award (LOA) from NHPC Limited, a leading Navratna public sector enterprise, for developing a 390 MW interstate transmission system (ISTS)-connected solar power project integrated with a Battery Energy Storage System (BESS).
Once commissioned, the project will add 700 MWp of solar DC capacity and 780 MWh of BESS capacity to the Reliance Group’s portfolio, further strengthening its position in India’s clean energy space. The winning tariff for the project was discovered at ₹3.13 per unit, making it one of the most competitively priced renewable energy projects in the country.
The award comes under an NHPC tender that witnessed strong participation from the industry. Out of 15 bidders, 14 qualified for the e-reverse auction, and the tender was oversubscribed nearly four times. This highlights the growing interest in dispatchable renewable energy solutions that combine solar generation with energy storage.
Reliance Power, another listed entity of the Reliance Group, already has a renewable energy portfolio of about 2.5 GWp solar capacity and 2.5 GWh of BESS capacity. With the addition of this new award, the Group’s clean energy pipeline now exceeds 3 GWp of solar DC capacity and 3.5 GWh of BESS capacity, making it the largest integrated player in India’s solar + storage segment.
