Reliance Power's operating vehicle- Reliance NU Energy, has received the commissioning of a 350 MW solar power project. The project includes an embedded 175 MW/700 MWh capacity Battery Energy Storage System (BES).
Battery System Information
- The BESS will offer 175 MWh of backup power.
- The battery can run for 4 hours continuously.
- The rate of Rs. 3.33 per kilowatt-hour (KWh) has been fixed for a duration of 25 years.
Company's Power Portfolio
- Reliance Power has a power generation capacity of 5,305 MW of electricity.
- Of these, 3,960 MW is from Sasan Power Limited, the world's largest integrated coal-based power project.
Tender Participation
- SJVN Limited, a Navratna PSU, issued the tender.
- A total of 19 companies submitted bids.
- 18 of the companies were eligible for e-reverse auction.
Subsidiary Involvement
- Reliance NU Suntech Private Limited, a subsidiary of Reliance Power, is the entity that will execute the project.
- Furthermore, the organization has inked a 25-year Power Purchase Agreement (PPA) with Solar Energy Corporation of India (SECI).
Expansion in Future
- The pact involves development of Asia's largest integrated solar and BESS project.
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