CosmicTaco

Reliance NU Suntech Wins 930 MW Solar Contract

CosmicTaco · 2024-12-12T10:44:11.872158+05:30

- Reliance NU Suntech, a subsidiary of Reliance Power, secured a 930 MW solar energy project with a battery energy storage system (BESS) from SECI in an e-reverse auction. - The project includes a minimum storage capacity of 465 MW/1,860 MWh and a 25-year power purchase agreement with SECI. - Reliance Power shares ended 1.39% lower at ₹44.04 on the BSE, but the company remains a leading power generator in India. Source: [Mint](https://www.livemint.com/market/stock-market-news/anil-ambani-owned-reliance-power-share-price-in-focus-after-subsidiary-wins-930-mw-order-from-seci-11733973012741.html), [The Economic Times](https://economictimes.indiatimes.com/markets/stocks/news/reliance-power-shares-in-focus-after-its-arm-wins-930-mw-solar-project-with-battery-storage-from-seci/articleshow/116232972.cms), [Business News India](https://www.businesstoday.in/markets/stocks/story/reliance-power-shares-in-focus-after-arm-wins-930-mw-order-from-seci-key-details-457012-2024-12-12)

Reliance NU Suntech, a subsidiary of Reliance Power, secured a 930 MW solar energy project with a battery energy storage system (BESS) from SECI in an e-reverse auction.
The project includes a minimum storage capacity of 465 MW/1,860 MWh and a 25-year power purchase agreement with SECI.
Reliance Power shares ended 1.39% lower at ₹44.04 on the BSE, but the company remains a leading power generator in India.

Source: Mint, The Economic Times, Business News India