Reliance NU Suntech Wins 930 MW Solar Contract

• 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