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RPower arm bags 930 MW contract from SECI
Financial Express Kochi
|December 12, 2024
RELIANCE NU SUNTECH, a subsidiary of Reliance Power, has bagged a 930 MW solar energy contract for battery energy storage system (BESS) project from Solar Energy Corporation of India (SECI) in an e-reverse auction held on December 9.
As per the terms of the tender, Reliance NU Suntech will also have to install a minimum storage capacity of 465 MW/1,860 MWh charged by solar power. A letter of award (LoA) is still awaited from SECI, the company said.
Reliance NU Suntech's bid for SECI's Tranche XVII auction was won at a tariff of ₹3.53 ($0.0416)/kWh.
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