BIG win for Anil Ambani as Reliance Infra bags order from govt company for…

This addition will be the biggest player in India in the Integrated Solar + BESS segment.
Anil Ambani’s company, Trust infrastructureThe PTI said it received an award letter from the state’s NHPC for a 390 MW solar energy project and a 780 MWHR battery energy storage system. Reliance Power, an asset listed in the Reliance Group, already has a renewable energy portfolio with a capacity of about 2.5 GWP and 2.5 GWHR BESS.
New project to reinforce Reliance’s position in energy solutions
Once appointed, the platform said that the 700 MWP Sun Capacity and 780 MWhr BES Capacity will reinforce its leadership in new energy solutions by adding it to the Reliance Group portfolio. Add this, the combined religious Group’s clean energy pipeline now stands with a capacity of more than 3 GWP DC and over 3.5 GWHR, which is becoming the largest player in India’s integrated sun +ss segment.
Trust Infra
Reliance Infra, which is part of the trust group, is a private sector business in Energy Production, Infrastructure, Construction and Defense. As of August 19, the company has a market value of 11237 RS. The shares of the company closed on Tuesday at 274.90 RS.
Reliance gets loa from NHPC
According to a statement, Reliance infrastructure LTD received an award letter (LoA) connected to a battery energy storage system (BESS) connected to a 390 MW Interstate Transmission System (ISTS) from NHPC, a Navratna central public sector business. The winning tariff was discovered at 3.13/kWh and positioned the project among the most competitive offers in India’s energy transition landscape. The project is part of a wider 1,200 MW solar + 600 MW / 2,400 MW / 2,400 MWh BESTS ISTS, which continues to participate in the 14-e-dere auction by NHPC, which is attended by 15 assets.
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