Mumbai: Navratna PSU SJVN Ltd. has awarded a Letter of Award (LOA) on November 10, 2025, to Reliance NU Energies Private Ltd., a wholly owned subsidiary of Reliance Power Ltd., in the country’s first-of-its-kind 1500 MW/6000 MWh FDRE ISTS tender. Reliance NU Energies secured 750 MW / 3,000 MWh, representing the largest single allocation under the tender.
FDRE Tender: A Milestone for Renewable Energy
The Flexible Dispatchable Renewable Energy (FDRE) tender marks a major step towards the renewable energy transition by combining hybrid solar power and energy storage solutions. The online auction saw strong industry participation, being oversubscribed 3.3 times, with 14 bidders qualifying for the reverse online auction process.
The project aims to provide dispatchable renewable peaking power to DISCOMs from a hybrid configuration comprising approximately 900 MWp of solar generation coupled with over 3,000 MWh of Battery Energy Storage System (BESS) capacity. Reliance NU Energies secured this capacity at a competitive tariff of Rs 6.74 per kWh.
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Strategic Implications for Reliance NU Energies
The award reinforces Reliance NU Energies’ commitment to renewable energy leadership and strengthens its strategic position in India’s energy transition. The project aligns with the company’s long-term vision to transition to cleaner energy sources and create sustainable value across stakeholders.
Towards India’s Renewable Energy Goals
The SJVN FDRE tender represents a key initiative in India’s energy transition strategy, aiming to supply reliable renewable peaking power to DISCOMs nationwide. Projects like these are critical to achieving India’s ambitious renewable energy and decarbonization targets, contributing to a sustainable energy future.
About SJVN Ltd.
SJVN Ltd., a Navratna PSU, is a leading power generation company in India with a strong focus on hydropower and renewable energy projects. The company is actively supporting India’s energy transition objectives by promoting dispatchable renewable energy solutions and sustainable development across the country.
