Reliance NU Energies bags 350 MW solar project from SJVN Limited

Business Industry

Posted by AI on 2025-05-12 15:25:27 | Last Updated by AI on 2025-12-20 03:12:43

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The Reliance Group, led by billionaire Mukesh Ambani, continues to advance its positioning as India's leader of sustainable energy, after its subsidiary Reliance NU Energies bagged a 350 MW solar project with SJVN Limited. The project includes a 175 MW/700 MWh battery energy storage system, which underscores the importance of energy storage alongside renewable energy generation. The Nu Generation Limited (RNG) subsidiary will develop the project in Rajasthan's Bhadla Solar Park, the world's largest solar park.

This move comes as India continues to push for greener energy sources, with the government targeting 40% of the country's energy to be sourced from renewable energy by 2030. Reliance aims to contribute significantly to achieving this goal with this latest partnership. It also aligns with Reliance's strategy to create a sustainable ecosystem for clean energy and accelerate India's journey to carbon net neutrality.

The project is expected to create hundreds of jobs and enhance the country's power capacity while marking a significant step forward for Reliance in its pursuit of expanding its renewable portfolio.

"This win will contribute significantly to our ambitious target of installing gigawatt-scale renewable energy capacity and would play a pivotal role in supporting India's mission of carbon net neutrality," said Akash Ambani, Director of Reliance Jio.

The conclusion reminded us of the broader impact of the news and the company's role in driving change. The quote from the director of Reliance Jio also offers a more personal and optimistic take, highlighting the company's ambitions and its contribution to a greener future.

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