Reliance NU Suntech Signs ₹10,000 Crore PPA for 930 MW Solar Power

Reliance Inks Massive 930 MW Solar-Storage Deal with SECI for 25 Years

Reliance NU Suntech, a subsidiary of Reliance Power, has signed a landmark 25-year Power Purchase Agreement (PPA) with the Solar Energy Corporation of India (SECI) to supply 930 MW of solar power integrated with a 465 MW/1,860 MWh Battery Energy Storage System (BESS). This is among the largest long-term power offtake deals in India, supporting the country’s clean energy ambitions. The project will involve over 1,700 MWp of installed solar capacity, developed at a fixed tariff of ₹3.53 per kWh, and completed within 24 months with an investment of ₹10,000 crore. Awarded through SECI’s Tranche XVII auction in December 2024, the allocation marks Reliance NU Suntech’s leading role in India’s renewable energy space. The swift completion of the bidding process, submission of a ₹378 crore Performance Bank Guarantee, and signing of the PPA in less than 5 months demonstrate Reliance’s operational efficiency and long-term commitment to energy sustainability. This project will be Asia's largest integrated solar and storage installation at a single location, reinforcing Reliance Power’s leadership in India’s green energy transformation.

Landmark PPA: Reliance to Supply 930 MW Solar Power to SECI