Reliance NU Energies receives LOA from SJVN Ltd for ISTS-connected solar cum battery storage project

Reliance NU Energies’ total clean energy pipeline now stands at 2.4 GW of solar DC capacity and over 2.5 GWH of BESS capacity

Reliance NU Energies Private Limited, a subsidiary of Reliance Power, on Wednesday received a Letter of Award (LOA) from SJVN Limited, a Navratna Central Public Sector Enterprise, for a 350 MW inter-state transmission system (ISTS)-connected solar power project coupled with a 175 MW/700 MWh Battery Energy Storage System (BESS).

Once commissioned, the platform will add 600 MW of solar DC capacity, and 700 MWh of BESS capacity to Reliance Power’s portfolio, consolidating its leadership in new energy solutions, the company stated in an official release. The company’s total clean energy pipeline now stands at 2.4 GW of solar DC capacity and over 2.5 GWH of BESS capacity.

Reliance NU Energies had earlier emerged as the successful bidder in the competitive auction conducted by SJVN, securing the project at a fixed tariff of ₹3.33/kWh for a period of 25 years. The project was part of a larger 1,200 MW solar + 600 MW/2,400 MWh BESS tender, which attracted participation from 19 developers, with 18 qualifying for the final e-reverse auction. The tender was oversubscribed by more than 4 times, reflecting heightened industry interest in dispatchable renewable energy solutions.

Published on May 28, 2025