Archive · 11 Jun 2025
Reliance Infra, Power Shares Edge Up After Project Win
Reliance Infra and Reliance Power shares went up a bit.
A company they own won a project after competing with others.
The project will have a fixed price of ₹3.33 per unit of electricity for 25 years.
The company that gave the contract is SJVN, which is owned by the government.
This project is part of a bigger plan that includes solar power and battery storage.
This plan had many companies bidding.
Shares of Reliance Infra and Reliance Power saw a slight increase.
A subsidiary of Reliance Infra and Reliance Power secured a project.
The project was awarded through competitive bidding.
The project has a fixed tariff of ₹3.33 per kWh for 25 years.
SJVN awarded the contract as part of a larger solar and battery storage tender.
- Who
- Reliance Infra and Reliance Power
- What
- Subsidiary secured a project at a fixed tariff.
- When
- June 11, 2025
- Where
- Not applicable
- Why
- The subsidiary secured the project through competitive bidding.
- Project secured by
- Subsidiary of Reliance Infra and Reliance Power
- Tariff
- ₹3.33 per kWh
- Tariff Duration
- 25 years
- Awarding entity
- SJVN
- Tender details
- 1,200 MW solar and 600 MW/2,400 MWh BESS
- Participants
- 19 developers