Overview

• NHPC issued a Letter of Award to Reliance Infrastructure for a 390 MW ISTS-connected solar project paired with a 780 MWh battery energy storage system.
• Once commissioned, the project is expected to add about 700 MWp of solar DC capacity and 780 MWh of storage to the Reliance Group portfolio.
• The discovered tariff of Rs 3.13 per kWh places the project among the most competitively priced offerings in India’s energy transition, according to the company.
• The award comes from an oversubscribed NHPC tender of 1,200 MW solar plus 600 MW/2,400 MWh BESS that drew 15 participants, with 14 qualifying for the e-reverse auction.
• With this win, Reliance Group cites a pipeline exceeding 3 GWp of solar DC capacity and 3.5 GWh of BESS, positioning it as India’s largest integrated solar-plus-storage player.