TAG: "Reliance Power"

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Delhi High Court Grants Relief to Reliance NU Suntech in SECI PPA Dispute

The Delhi High Court has restrained SECI from taking coercive action against Reliance NU Suntech over a show cause notice, offering relief in a dispute linked to an earlier affiliate case.

Reliance Power | July 11, 2025 | By EI News Network | 924

Reliance NU Energies Secures 350 MW Solar with BESS Project from SJVN

Reliance NU Energies, a subsidiary of Reliance Power, has secured a 350 MW solar with 175 MW/700 MWh BESS project from SJVN, solidifying its leadership in India’s renewable energy space.

Reliance Power | May 29, 2025 | By EI News Network | 1056

Reliance Power to Develop 500 MW Solar Project in Bhutan with DHI

The project entails a capital outlay of up to INR 2,000 crores under Build-Own-Operate (BOO) model, representing the largest private sector foreign direct investment (FDI) in Bhutan’s solar energy sector to date.

Reliance Power | May 19, 2025 | By News Bureau | 1068

Reliance, Jindal, SAEL, Sembcorp, JBM, Hindustan Power Win SJVN’s 1200 MW Solar Plus ESS Auction

SAEL Industries, Jindal India Renewable Energy, Sembcorp Green, JBM Renewables, Fastnote Biofuels (Hindustan Power), and Reliance NU Energies have emerged as winners in SJVN’s auction for 1,200 MW of ISTS-connected solar projects with 600 MW/2,400 MWh energy storage systems (ESS).

Reliance Power | May 12, 2025 | By Mrinmoy Dey | 1654

Reliance Power Raises INR 348.15 Crore via Accelerated Warrant Conversion to Fuel RE Push

Reliance Power raised INR 348.15 crore through accelerated conversion of 10.55 crore warrants into equity shares, strengthening its balance sheet and fueling growth in the renewable energy sector.

Reliance Power | May 07, 2025 | By EI News Network | 1161

Reliance Power Arm to Invest INR 10,000 Crore in Integrated Solar-BESS Project, Signs PPA with SECI

Reliance Power subsidiary, Reliance NU Suntech is developing an integrated solar and battery energy storage system (BESS) projects with an investment of about INR 10,000 crore to supply 930 MW of solar power integrated with 465 MW/1,860 MWh BESS. The project will deploy more than 1,700 MWp of installed solar generation capacity.

Reliance Power | May 02, 2025 | By Mrinmoy Dey | 1461

Reliance Power Appoints Neeraj Parakh as Executive Director and CEO

Reliance Power has appointed Neeraj Parakh as its new Executive Director and Chief Executive Officer (CEO), effective January 20,2025. The company’s Board of Directors approved his 3-year term at the role.

Reliance Power | January 21, 2025 | By Mrinmoy Dey | 2009

Sasan Power Repays USD 150 Million Debt, Strengthening Reliance Power’s Financial Stability

Sasan Power, a Reliance Power subsidiary, repaid USD 150 million to IIFCL, strengthening its debt coverage, liquidity, and credit rating. This repayment supports Reliance Power’s strategic shift towards renewable energy, with a recent capital raise of INR 1,525 crore enhancing its growth prospects.

Reliance Power | January 02, 2025 | By EI News Network | 3794

Reliance Power Expands into Renewables with Reliance NU Energies

Reliance Power unveils Reliance NU Energies to spearhead solar, wind, hybrid systems, and energy storage innovations. Industry leaders Mayank Bansal and Rakesh Swaroop, formerly of ReNew Power, appointed CEO and COO, respectively, to lead the initiative.

Reliance Power | December 11, 2024 | By EI News Network | 2364

NREL, Hero, Sembcorp, Blupine and Reliance Power Win SECI’s 2 GW Solar 1 GW/4 GWh BESS Auction

SECI’s Tranche XVII auction for 2,000 MW ISTS-connected solar projects with 1,000 MW/4,000 MWh energy storage systems closes at a tariff of INR 3.52/kWh. NTPC Renewable Energy, Hero Future Energies, Sembcorp Green Infra, Blupine Energy and Reliance Power have emerged as winners.

Reliance Power | December 10, 2024 | By Mrinmoy Dey | 3138