Reliance Infrastructure Wins 390 MW Solar + BESS Project from NHPC

Reliance Infrastructure Limited has received a Letter of Award (LOA) from NHPC, a leading Navratna Central Public Sector Enterprise, for the development of a 390 MW interstate transmission system (ISTS)-connected solar power project with an integrated Battery Energy Storage System (BESS).

Once commissioned, the project will contribute 700 MWp of solar DC capacity and 780 MWhr of storage to the Reliance Group’s growing renewable energy portfolio.

Competitive Tariff Positions Project as a Landmark Deal

The winning tariff was discovered at ₹3.13/kWh, placing the project among the most competitively priced renewable offerings in India. NHPC’s tender drew participation from 15 entities, with 14 qualifying for the e-reverse auction.

The tender was oversubscribed nearly four times, highlighting strong industry interest in dispatchable renewable solutions that combine solar with energy storage.

Strengthening Reliance Group’s Renewable Energy Portfolio

Reliance Power, a listed company within the Reliance Group, already manages a renewable energy portfolio of around 2.5 GWp of solar and 2.5 GWhr of BESS capacity.

With this new project, the Group’s clean energy pipeline expands to more than 3 GWp of solar DC capacity and over 3.5 GWhr of storage, making it the largest integrated Solar + BESS player in India.

Reliance Infrastructure Share Price Performance

On August 19, 2025, Reliance Infrastructure share price (NSE: RELINFRA) opened at ₹264.00, up from its previous close of ₹262.40. At 10:15 AM, the share price of Reliance Infrastructure was trading at ₹268.00, up by 2.13% on the BSE.

Also Read: Reliance Infrastructure Share Price Falls 5% Despite ₹526 Crore Arbitration Win!

Conclusion

This award underscores Reliance Infrastructure’s strategic push towards clean energy leadership. By combining competitive pricing, large-scale solar power, and advanced storage solutions, the Group is positioning itself at the forefront of India’s renewable energy transition.

The project also reinforces its long-term commitment to shaping a sustainable energy future.

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