Reliance Power Limited said its subsidiary Reliance NU Suntech Private Limited has received the Letter of Award from Solar Energy Corporation of India for its proposed Solar 930 MW and 465 MW/1860 MWh Battery Energy Storage System projects. “The project will see the largest deployment of grid storage batteries at a single site, not only in India but also in …
Reliance Power share price was locked in at 5% upper circuit at ₹46.24 apiece on Thursday after the company said its subsidiary bagged an order from Solar Energy Corporation of India. Reliance NU Suntech, a subsidiary of Reliance Power, won a 930 MW solar energy contract with battery energy storage system project from the SECI in an e-reverse auction held …
Reliance Power share price rallied over 3% on Monday after the Anil Ambani-owned company announced settling of loan default by its subsidiary Samalkot Power. In another development last week, the Solar Energy Corporation of India withdrew its order barring Reliance Power from renewable energy tenders. However, on December 3, Reliance Power informed that the Solar Energy Corporation of India withdrew …
New Delhi: The Solar Energy Corporation of India has withdrawn its order barring Reliance Power from renewable energy tenders. On 6 November, Seci had barred Reliance Power and its subsidiary Reliance NU BESS from participating in tenders floated by the state-run entity for three years over alleged submission of fake documents by the companies. In September, Reliance Power successfully secured …
New Delhi: The Delhi High Court has granted a stay on Solar Energy Corporation of India's notice of debarment against Reliance Power and its subsidiaries except for Reliance NU BESS, formerly known as Maharashtra Energy Generation Limited. Reliance Power said in a regulatory filing that it had challenged Seci’s notice of debarment in the Delhi High Court. In September, Reliance …